Notable Wednesday Option Activity: CWH, MMM, SPLK

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Camping World Holdings Inc (NYSE:CWH), where a total volume of 7,411 contracts has been traded thus far today, a contract volume which is representative of approximately 741,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 63.7% of CWH's average daily trading volume over the past month, of 1.2 million shares. Particularly high volume was seen for the $26 strike put option expiring September 17, 2021, with 1,500 contracts trading so far today, representing approximately 150,000 underlying shares of CWH. Below is a chart showing CWH's trailing twelve month trading history, with the $26 strike highlighted in orange:

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

3M Co (NYSE:MMM) options are showing a volume of 15,571 contracts thus far today. That number of contracts represents approximately 1.6 million underlying shares, working out to a sizeable 62.4% of MMM's average daily trading volume over the past month, of 2.5 million shares. Particularly high volume was seen for the $205 strike call option expiring July 16, 2021, with 6,160 contracts trading so far today, representing approximately 616,000 underlying shares of MMM. Below is a chart showing MMM's trailing twelve month trading history, with the $205 strike highlighted in orange:

And Splunk Inc (NASDAQ:SPLK) saw options trading volume of 16,135 contracts, representing approximately 1.6 million underlying shares or approximately 59.4% of SPLK's average daily trading volume over the past month, of 2.7 million shares. Especially high volume was seen for the $145 strike call option expiring January 20, 2023, with 3,003 contracts trading so far today, representing approximately 300,300 underlying shares of SPLK. Below is a chart showing SPLK's trailing twelve month trading history, with the $145 strike highlighted in orange:

For the various different available expirations for CWH options, MMM options, or SPLK options, visit StockOptionsChannel.com.