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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Deere & Co. (Symbol: DE), where a total volume of 6,227 contracts has been traded thus far today, a contract volume which is representative of approximately 622,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 56.6% of DE's average daily trading volume over the past month, of 1.1 million shares. Especially high volume was seen for the $390 strike put option expiring October 18, 2024, with 995 contracts trading so far today, representing approximately 99,500 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $390 strike highlighted in orange:

Ally Financial Inc (Symbol: ALLY) options are showing a volume of 20,443 contracts thus far today. That number of contracts represents approximately 2.0 million underlying shares, working out to a sizeable 54.8% of ALLY's average daily trading volume over the past month, of 3.7 million shares. Particularly high volume was seen for the $39 strike put option expiring December 20, 2024, with 4,537 contracts trading so far today, representing approximately 453,700 underlying shares of ALLY. Below is a chart showing ALLY's trailing twelve month trading history, with the $39 strike highlighted in orange:

And FedEx Corp (Symbol: FDX) options are showing a volume of 14,700 contracts thus far today. That number of contracts represents approximately 1.5 million underlying shares, working out to a sizeable 53.7% of FDX's average daily trading volume over the past month, of 2.7 million shares. Especially high volume was seen for the $277.50 strike call option expiring October 18, 2024, with 2,586 contracts trading so far today, representing approximately 258,600 underlying shares of FDX. Below is a chart showing FDX's trailing twelve month trading history, with the $277.50 strike highlighted in orange:

For the various different available expirations for DE options, ALLY options, or FDX options, visit StockOptionsChannel.com.

Also see:

GEM Options Chain
IQLT YTD Return
GLF Insider Buying

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