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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in MacroGenics, Inc (Symbol: MGNX), where a total volume of 6,380 contracts has been traded thus far today, a contract volume which is representative of approximately 638,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.4% of MGNX's average daily trading volume over the past month, of 1.4 million shares. Particularly high volume was seen for the $10 strike put option expiring June 21, 2024, with 5,002 contracts trading so far today, representing approximately 500,200 underlying shares of MGNX. Below is a chart showing MGNX's trailing twelve month trading history, with the $10 strike highlighted in orange:

Target Corp (Symbol: TGT) saw options trading volume of 13,913 contracts, representing approximately 1.4 million underlying shares or approximately 45.1% of TGT's average daily trading volume over the past month, of 3.1 million shares. Particularly high volume was seen for the $167.50 strike call option expiring May 03, 2024, with 1,561 contracts trading so far today, representing approximately 156,100 underlying shares of TGT. Below is a chart showing TGT's trailing twelve month trading history, with the $167.50 strike highlighted in orange:

And International Paper Co (Symbol: IP) options are showing a volume of 28,610 contracts thus far today. That number of contracts represents approximately 2.9 million underlying shares, working out to a sizeable 44.7% of IP's average daily trading volume over the past month, of 6.4 million shares. Particularly high volume was seen for the $35 strike call option expiring June 21, 2024, with 10,174 contracts trading so far today, representing approximately 1.0 million underlying shares of IP. Below is a chart showing IP's trailing twelve month trading history, with the $35 strike highlighted in orange:

For the various different available expirations for MGNX options, TGT options, or IP options, visit StockOptionsChannel.com.

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