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Notable Friday Option Activity: MMM, LULU, DVMT


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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in 3M Co (Symbol: MMM), where a total volume of 10,798 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.3% of MMM's average daily trading volume over the past month, of 2.4 million shares. Particularly high volume was seen for the $202.50 strike call option expiring August 17, 2018 , with 983 contracts trading so far today, representing approximately 98,300 underlying shares of MMM. Below is a chart showing MMM's trailing twelve month trading history, with the $202.50 strike highlighted in orange:

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lululemon athletica inc (Symbol: LULU) options are showing a volume of 6,388 contracts thus far today. That number of contracts represents approximately 638,800 underlying shares, working out to a sizeable 45.3% of LULU's average daily trading volume over the past month, of 1.4 million shares. Especially high volume was seen for the $131 strike call option expiring August 31, 2018 , with 465 contracts trading so far today, representing approximately 46,500 underlying shares of LULU. Below is a chart showing LULU's trailing twelve month trading history, with the $131 strike highlighted in orange:

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And Dell Technologies Inc (Symbol: DVMT) options are showing a volume of 5,353 contracts thus far today. That number of contracts represents approximately 535,300 underlying shares, working out to a sizeable 44.7% of DVMT's average daily trading volume over the past month, of 1.2 million shares. Particularly high volume was seen for the $95 strike call option expiring September 21, 2018 , with 1,861 contracts trading so far today, representing approximately 186,100 underlying shares of DVMT. Below is a chart showing DVMT's trailing twelve month trading history, with the $95 strike highlighted in orange:

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For the various different available expirations for MMM options , LULU options , or DVMT options , visit StockOptionsChannel.com.

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

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Options
Referenced Symbols: MMM , LULU , DVMT



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