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Notable Thursday Option Activity: OFG, SQ, LAMR


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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in OFG Bancorp (Symbol: OFG), where a total volume of 2,374 contracts has been traded thus far today, a contract volume which is representative of approximately 237,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 62.3% of OFG's average daily trading volume over the past month, of 381,285 shares. Especially high volume was seen for the $10 strike call option expiring May 18, 2018 , with 1,020 contracts trading so far today, representing approximately 102,000 underlying shares of OFG. Below is a chart showing OFG's trailing twelve month trading history, with the $10 strike highlighted in orange:

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Square Inc (Symbol: SQ) saw options trading volume of 93,483 contracts, representing approximately 9.3 million underlying shares or approximately 62.1% of SQ's average daily trading volume over the past month, of 15.1 million shares. Particularly high volume was seen for the $42 strike call option expiring February 16, 2018 , with 8,556 contracts trading so far today, representing approximately 855,600 underlying shares of SQ. Below is a chart showing SQ's trailing twelve month trading history, with the $42 strike highlighted in orange:

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And Lamar Advertising Co (Symbol: LAMR) options are showing a volume of 4,315 contracts thus far today. That number of contracts represents approximately 431,500 underlying shares, working out to a sizeable 61.7% of LAMR's average daily trading volume over the past month, of 699,010 shares. Particularly high volume was seen for the $70 strike call option expiring March 16, 2018 , with 3,032 contracts trading so far today, representing approximately 303,200 underlying shares of LAMR. Below is a chart showing LAMR's trailing twelve month trading history, with the $70 strike highlighted in orange:

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For the various different available expirations for OFG options , SQ options , or LAMR 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: OFG , SQ , LAMR


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