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Notable Wednesday Option Activity: CAT, LEG, CAG


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Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Caterpillar Inc. (Symbol: CAT), where a total volume of 31,386 contracts has been traded thus far today, a contract volume which is representative of approximately 3.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 74.9% of CAT's average daily trading volume over the past month, of 4.2 million shares. Especially high volume was seen for the $140 strike call option expiring June 29, 2018 , with 3,977 contracts trading so far today, representing approximately 397,700 underlying shares of CAT. Below is a chart showing CAT's trailing twelve month trading history, with the $140 strike highlighted in orange:

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Leggett & Platt, Inc. (Symbol: LEG) options are showing a volume of 8,021 contracts thus far today. That number of contracts represents approximately 802,100 underlying shares, working out to a sizeable 63.8% of LEG's average daily trading volume over the past month, of 1.3 million shares. Especially high volume was seen for the $45 strike put option expiring August 17, 2018 , with 3,779 contracts trading so far today, representing approximately 377,900 underlying shares of LEG. Below is a chart showing LEG's trailing twelve month trading history, with the $45 strike highlighted in orange:

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And Conagra Brands Inc (Symbol: CAG) options are showing a volume of 13,843 contracts thus far today. That number of contracts represents approximately 1.4 million underlying shares, working out to a sizeable 46.4% of CAG's average daily trading volume over the past month, of 3.0 million shares. Particularly high volume was seen for the $35 strike put option expiring September 21, 2018 , with 2,936 contracts trading so far today, representing approximately 293,600 underlying shares of CAG. Below is a chart showing CAG's trailing twelve month trading history, with the $35 strike highlighted in orange:

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For the various different available expirations for CAT options , LEG options , or CAG 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: CAT , LEG , CAG



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