Noteworthy Friday Option Activity: RDNT, EXPE, WING
Nasdaq Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in RadNet Inc (Symbol: RDNT), where a total volume of 2,485 contracts has been traded thus far today, a contract volume which is representative of approximately 248,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 70.3% of RDNT's average daily trading volume over the past month, of 353,380 shares. Especially high volume was seen for the $35 strike call option expiring July 21, 2023, with 781 contracts trading so far today, representing approximately 78,100 underlying shares of RDNT. Below is a chart showing RDNT's trailing twelve month trading history, with the $35 strike highlighted in orange:
Expedia Group Inc (Symbol: EXPE) options are showing a volume of 18,118 contracts thus far today. That number of contracts represents approximately 1.8 million underlying shares, working out to a sizeable 68.5% of EXPE's average daily trading volume over the past month, of 2.6 million shares. Especially high volume was seen for the $100 strike put option expiring June 16, 2023, with 5,609 contracts trading so far today, representing approximately 560,900 underlying shares of EXPE. Below is a chart showing EXPE's trailing twelve month trading history, with the $100 strike highlighted in orange: