Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Matador Resources Co (MTDR), where a total volume of 9,056 contracts has been traded thus far today, a contract volume which is representative of approximately 905,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 57.9% of MTDR's average daily trading volume over the past month, of 1.6 million shares. Particularly high volume was seen for the $60 strike call option expiring January 19, 2024, with 2,503 contracts trading so far today, representing approximately 250,300 underlying shares of MTDR. Below is a chart showing MTDR's trailing twelve month trading history, with the $60 strike highlighted in orange:

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

Alcoa Corporation (AA) options are showing a volume of 34,596 contracts thus far today. That number of contracts represents approximately 3.5 million underlying shares, working out to a sizeable 57.4% of AA's average daily trading volume over the past month, of 6.0 million shares. Particularly high volume was seen for the $27 strike call option expiring November 17, 2023, with 4,674 contracts trading so far today, representing approximately 467,400 underlying shares of AA. Below is a chart showing AA's trailing twelve month trading history, with the $27 strike highlighted in orange:

And DMC Global Inc (BOOM) options are showing a volume of 932 contracts thus far today. That number of contracts represents approximately 93,200 underlying shares, working out to a sizeable 57.3% of BOOM's average daily trading volume over the past month, of 162,575 shares. Particularly high volume was seen for the $22.50 strike call option expiring November 17, 2023, with 922 contracts trading so far today, representing approximately 92,200 underlying shares of BOOM. Below is a chart showing BOOM's trailing twelve month trading history, with the $22.50 strike highlighted in orange: