Noteworthy Thursday Option Activity: IIPR, STEP, COUP
January 06, 2022 at 15:34 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Innovative Industrial Properties Inc (IIPR), where a total volume of 1,295 contracts has been traded thus far today, a contract volume which is representative of approximately 129,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.1% of IIPR's average daily trading volume over the past month, of 258,355 shares..