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Noteworthy Friday Option Activity: CAT, PYPL, RL


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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 29,750 contracts has been traded thus far today, a contract volume which is representative of approximately 3.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51% of CAT's average daily trading volume over the past month, of 5.8 million shares. Particularly high volume was seen for the $165 strike call option expiring June 01, 2018 , with 4,167 contracts trading so far today, representing approximately 416,700 underlying shares of CAT. Below is a chart showing CAT's trailing twelve month trading history, with the $165 strike highlighted in orange:

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PayPal Holdings Inc (Symbol: PYPL) saw options trading volume of 41,675 contracts, representing approximately 4.2 million underlying shares or approximately 47% of PYPL's average daily trading volume over the past month, of 8.9 million shares. Particularly high volume was seen for the $80 strike call option expiring May 18, 2018 , with 3,373 contracts trading so far today, representing approximately 337,300 underlying shares of PYPL. Below is a chart showing PYPL's trailing twelve month trading history, with the $80 strike highlighted in orange:

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And Ralph Lauren Corp (Symbol: RL) options are showing a volume of 3,462 contracts thus far today. That number of contracts represents approximately 346,200 underlying shares, working out to a sizeable 42.3% of RL's average daily trading volume over the past month, of 817,730 shares. Especially high volume was seen for the $110 strike put option expiring June 15, 2018 , with 330 contracts trading so far today, representing approximately 33,000 underlying shares of RL. Below is a chart showing RL's trailing twelve month trading history, with the $110 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

For the various different available expirations for CAT options , PYPL options , or RL 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: CAT , PYPL , RL



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