Notable Tuesday Option Activity: PLNT, BLMN, MAC

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Planet Fitness Inc (NYSE:PLNT), where a total volume of 13,466 contracts has been traded thus far today, a contract volume which is representative of approximately 1.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 231.3% of PLNT's average daily trading volume over the past month, of 582,155 shares. Particularly high volume was seen for the $82.50 strike put option expiring November 19, 2021, with 4,000 contracts trading so far today, representing approximately 400,000 underlying shares of PLNT. Below is a chart showing PLNT's trailing twelve month trading history, with the $82.50 strike highlighted in orange:

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

Bloomin' Brands Inc (NASDAQ:BLMN) saw options trading volume of 33,463 contracts, representing approximately 3.3 million underlying shares or approximately 188.4% of BLMN's average daily trading volume over the past month, of 1.8 million shares. Particularly high volume was seen for the $20 strike call option expiring November 19, 2021, with 15,571 contracts trading so far today, representing approximately 1.6 million underlying shares of BLMN. Below is a chart showing BLMN's trailing twelve month trading history, with the $20 strike highlighted in orange:

And Macerich Co (NYSE:MAC) options are showing a volume of 35,115 contracts thus far today. That number of contracts represents approximately 3.5 million underlying shares, working out to a sizeable 157.2% of MAC's average daily trading volume over the past month, of 2.2 million shares. Particularly high volume was seen for the $20 strike call option expiring November 19, 2021, with 4,085 contracts trading so far today, representing approximately 408,500 underlying shares of MAC. Below is a chart showing MAC's trailing twelve month trading history, with the $20 strike highlighted in orange:

For the various different available expirations for PLNT options, BLMN options, or MAC options, visit StockOptionsChannel.com.