Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in The Trade Desk Inc (TTD), where a total volume of 22,357 contracts has been traded thus far today, a contract volume which is representative of approximately 2.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 56.7% of TTD's average daily trading volume over the past month, of 3.9 million shares. Particularly high volume was seen for the $44.50 strike put option expiring January 20, 2023, with 2,080 contracts trading so far today, representing approximately 208,000 underlying shares of TTD. Below is a chart showing TTD's trailing twelve month trading history, with the $44.50 strike highlighted in orange:

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Today's Most Active Call & Put Options of the S&P 500 »

Alcoa Corporation (AA) saw options trading volume of 23,665 contracts, representing approximately 2.4 million underlying shares or approximately 55.4% of AA's average daily trading volume over the past month, of 4.3 million shares. Particularly high volume was seen for the $45 strike call option expiring March 17, 2023, with 3,630 contracts trading so far today, representing approximately 363,000 underlying shares of AA. Below is a chart showing AA's trailing twelve month trading history, with the $45 strike highlighted in orange:

And Resolute Forest Products Inc (RFP) saw options trading volume of 3,018 contracts, representing approximately 301,800 underlying shares or approximately 55% of RFP's average daily trading volume over the past month, of 549,120 shares. Particularly high volume was seen for the $20 strike put option expiring April 21, 2023, with 2,988 contracts trading so far today, representing approximately 298,800 underlying shares of RFP. Below is a chart showing RFP's trailing twelve month trading history, with the $20 strike highlighted in orange: