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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Scorpio Tankers Inc (Symbol: STNG), where a total volume of 3,447 contracts has been traded thus far today, a contract volume which is representative of approximately 344,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.5% of STNG's average daily trading volume over the past month, of 725,650 shares. Particularly high volume was seen for the $70 strike put option expiring July 19, 2024, with 1,355 contracts trading so far today, representing approximately 135,500 underlying shares of STNG. Below is a chart showing STNG's trailing twelve month trading history, with the $70 strike highlighted in orange:

Constellium SE (Symbol: CSTM) options are showing a volume of 5,321 contracts thus far today. That number of contracts represents approximately 532,100 underlying shares, working out to a sizeable 46.8% of CSTM's average daily trading volume over the past month, of 1.1 million shares. Especially high volume was seen for the $20 strike put option expiring July 19, 2024, with 2,800 contracts trading so far today, representing approximately 280,000 underlying shares of CSTM. Below is a chart showing CSTM's trailing twelve month trading history, with the $20 strike highlighted in orange:

And Uber Technologies Inc (Symbol: UBER) options are showing a volume of 72,416 contracts thus far today. That number of contracts represents approximately 7.2 million underlying shares, working out to a sizeable 46.4% of UBER's average daily trading volume over the past month, of 15.6 million shares. Especially high volume was seen for the $72 strike call option expiring June 28, 2024, with 5,224 contracts trading so far today, representing approximately 522,400 underlying shares of UBER. Below is a chart showing UBER's trailing twelve month trading history, with the $72 strike highlighted in orange:

For the various different available expirations for STNG options, CSTM options, or UBER options, visit StockOptionsChannel.com.

Also see:

Funds Holding OVID
GNRC Insider Buying
PEG Dividend Growth Rate

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.