Notable Monday Option Activity: BTU, WRK, IBM
May 17, 2021 at 15:31 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Peabody Energy Corp (BTU), where a total volume of 42,066 contracts has been traded thus far today, a contract volume which is representative of approximately 4.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 78.9% of BTU's average daily trading volume over the past month, of 5.3 million shares..