Quantcast

Notable Friday Option Activity: PEGI, RH, LOW


Shutterstock photo

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Pattern Energy Group Inc (Symbol: PEGI), where a total volume of 6,748 contracts has been traded thus far today, a contract volume which is representative of approximately 674,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 84.8% of PEGI's average daily trading volume over the past month, of 796,050 shares. Particularly high volume was seen for the $17.50 strike put option expiring December 21, 2018 , with 4,246 contracts trading so far today, representing approximately 424,600 underlying shares of PEGI. Below is a chart showing PEGI's trailing twelve month trading history, with the $17.50 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

RH (Symbol: RH) options are showing a volume of 8,176 contracts thus far today. That number of contracts represents approximately 817,600 underlying shares, working out to a sizeable 78.8% of RH's average daily trading volume over the past month, of 1.0 million shares. Especially high volume was seen for the $144 strike call option expiring July 13, 2018 , with 447 contracts trading so far today, representing approximately 44,700 underlying shares of RH. Below is a chart showing RH's trailing twelve month trading history, with the $144 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

And Lowe's Companies Inc (Symbol: LOW) saw options trading volume of 31,769 contracts, representing approximately 3.2 million underlying shares or approximately 75.7% of LOW's average daily trading volume over the past month, of 4.2 million shares. Particularly high volume was seen for the $90 strike call option expiring January 18, 2019 , with 10,009 contracts trading so far today, representing approximately 1.0 million underlying shares of LOW. Below is a chart showing LOW's trailing twelve month trading history, with the $90 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

For the various different available expirations for PEGI options , RH options , or LOW options , visit StockOptionsChannel.com.

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

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: PEGI , RH , LOW


More from BNK Invest

Subscribe






BNK Invest
Contributor:

BNK Invest

Market News, Investing








Research Brokers before you trade

Want to trade FX?