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Notable Thursday Option Activity: MMM, KLXI, RTN


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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 9,311 contracts has been traded thus far today, a contract volume which is representative of approximately 931,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51.9% of MMM's average daily trading volume over the past month, of 1.8 million shares. Particularly high volume was seen for the $212.50 strike call option expiring September 07, 2018 , with 1,175 contracts trading so far today, representing approximately 117,500 underlying shares of MMM. Below is a chart showing MMM's trailing twelve month trading history, with the $212.50 strike highlighted in orange:

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KLX Inc (Symbol: KLXI) options are showing a volume of 2,860 contracts thus far today. That number of contracts represents approximately 286,000 underlying shares, working out to a sizeable 51.6% of KLXI's average daily trading volume over the past month, of 554,445 shares. Particularly high volume was seen for the $70 strike call option expiring November 16, 2018 , with 2,775 contracts trading so far today, representing approximately 277,500 underlying shares of KLXI. Below is a chart showing KLXI's trailing twelve month trading history, with the $70 strike highlighted in orange:

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And Raytheon Co. (Symbol: RTN) options are showing a volume of 6,301 contracts thus far today. That number of contracts represents approximately 630,100 underlying shares, working out to a sizeable 50.8% of RTN's average daily trading volume over the past month, of 1.2 million shares. Particularly high volume was seen for the $202.50 strike call option expiring September 07, 2018 , with 370 contracts trading so far today, representing approximately 37,000 underlying shares of RTN. Below is a chart showing RTN's trailing twelve month trading history, with the $202.50 strike highlighted in orange:

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For the various different available expirations for MMM options , KLXI options , or RTN 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: MMM , KLXI , RTN



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