Notable Monday Option Activity: IPI, VMEO, NMIH
November 01, 2021 at 15:35 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Intrepid Potash Inc (IPI), where a total volume of 1,089 contracts has been traded thus far today, a contract volume which is representative of approximately 108,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 67% of IPI's average daily trading volume over the past month, of 162,460 shares..