Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Intuit Inc (Symbol: INTU), where a total volume of 9,422 contracts has been traded thus far today, a contract volume which is representative of approximately 942,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.4% of INTU’s average daily trading volume over the past month, of 2.1 million shares. Especially high volume was seen for the $200 strike put option expiring December 16, 2022, with 959 contracts trading so far today, representing approximately 95,900 underlying shares of INTU. Below is a chart showing INTU’s trailing twelve month trading history, with the $200 strike highlighted in orange:
United Parcel Service Inc (Symbol: UPS) options are showing a volume of 13,581 contracts thus far today. That number of contracts represents approximately 1.4 million underlying shares, working out to a sizeable 44.9% of UPS’s average daily trading volume over the past month, of 3.0 million shares.
Especially high volume was seen for the $175 strike put option expiring December 09, 2022, with 1,598 contracts trading so far today, representing approximately 159,800 underlying shares of UPS. Below is a chart showing UPS’s trailing twelve month trading history, with the $175 strike highlighted in orange:
And Kroger Co (Symbol: KR) options are showing a volume of 21,449 contracts thus far today. That number of contracts represents approximately 2.1 million underlying shares, working out to a sizeable 44.4% of KR’s average daily trading volume over the past month, of 4.8 million shares.
Especially high volume was seen for the $47.50 strike put option expiring December 02, 2022, with 5,071 contracts trading so far today, representing approximately 507,100 underlying shares of KR. Below is a chart showing KR’s trailing twelve month trading history, with the $47.50 strike highlighted in orange:
For the various different available expirations for INTU options, UPS options, or KR options, visit StockOptionsChannel.com.
Also see:
Paul Singer Stock Picks
CMG YTD Return
DXCM shares outstanding history
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.