Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Costco Wholesale Corp (Symbol: COST), where a total volume of 40,988 contracts has been traded thus far today, a contract volume which is representative of approximately 4.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 191.6% of COST’s average daily trading volume over the past month, of 2.1 million shares. Particularly high volume was seen for the $510 strike call option expiring October 28, 2022, with 2,642 contracts trading so far today, representing approximately 264,200 underlying shares of COST. Below is a chart showing COST’s trailing twelve month trading history, with the $510 strike highlighted in orange:
Pennymac Mortgage Investment Trust (Symbol: PMT) saw options trading volume of 25,024 contracts, representing approximately 2.5 million underlying shares or approximately 159.2% of PMT’s average daily trading volume over the past month, of 1.6 million shares.
Particularly high volume was seen for the $12.50 strike put option expiring December 16, 2022, with 10,082 contracts trading so far today, representing approximately 1.0 million underlying shares of PMT. Below is a chart showing PMT’s trailing twelve month trading history, with the $12.50 strike highlighted in orange:
And Boeing Co. (Symbol: BA) options are showing a volume of 121,997 contracts thus far today. That number of contracts represents approximately 12.2 million underlying shares, working out to a sizeable 151.3% of BA’s average daily trading volume over the past month, of 8.1 million shares.
Particularly high volume was seen for the $147 strike call option expiring October 28, 2022, with 9,183 contracts trading so far today, representing approximately 918,300 underlying shares of BA. Below is a chart showing BA’s trailing twelve month trading history, with the $147 strike highlighted in orange:
For the various different available expirations for COST options, PMT options, or BA options, visit StockOptionsChannel.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Image and article originally from www.nasdaq.com. Read the original article here.