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Notable Tuesday Option Activity: NXST, MGM, CI


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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Nexstar Media Group Inc (Symbol: NXST), where a total of 2,592 contracts have traded so far, representing approximately 259,200 underlying shares. That amounts to about 54% of NXST's average daily trading volume over the past month of 480,295 shares. Especially high volume was seen for the $80 strike call option expiring November 16, 2018 , with 1,491 contracts trading so far today, representing approximately 149,100 underlying shares of NXST. Below is a chart showing NXST's trailing twelve month trading history, with the $80 strike highlighted in orange:

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MGM Resorts International (Symbol: MGM) options are showing a volume of 48,258 contracts thus far today. That number of contracts represents approximately 4.8 million underlying shares, working out to a sizeable 53.8% of MGM's average daily trading volume over the past month, of 9.0 million shares. Especially high volume was seen for the $23.50 strike put option expiring November 02, 2018 , with 6,386 contracts trading so far today, representing approximately 638,600 underlying shares of MGM. Below is a chart showing MGM's trailing twelve month trading history, with the $23.50 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

And Cigna Corp (Symbol: CI) saw options trading volume of 12,600 contracts, representing approximately 1.3 million underlying shares or approximately 53.7% of CI's average daily trading volume over the past month, of 2.3 million shares. Particularly high volume was seen for the $170 strike put option expiring January 18, 2019 , with 3,013 contracts trading so far today, representing approximately 301,300 underlying shares of CI. Below is a chart showing CI's trailing twelve month trading history, with the $170 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

For the various different available expirations for NXST options , MGM options , or CI 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: NXST , MGM , CI



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