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Noteworthy Friday Option Activity: ITW, IFF, MRVL


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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Illinois Tool Works, Inc. (Symbol: ITW), where a total volume of 7,266 contracts has been traded thus far today, a contract volume which is representative of approximately 726,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 60% of ITW's average daily trading volume over the past month, of 1.2 million shares. Particularly high volume was seen for the $170 strike put option expiring February 16, 2018 , with 2,013 contracts trading so far today, representing approximately 201,300 underlying shares of ITW. Below is a chart showing ITW's trailing twelve month trading history, with the $170 strike highlighted in orange:

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International Flavors & Fragrances Inc. (Symbol: IFF) saw options trading volume of 1,441 contracts, representing approximately 144,100 underlying shares or approximately 57.6% of IFF's average daily trading volume over the past month, of 250,350 shares. Especially high volume was seen for the $160 strike call option expiring January 19, 2018 , with 761 contracts trading so far today, representing approximately 76,100 underlying shares of IFF. Below is a chart showing IFF's trailing twelve month trading history, with the $160 strike highlighted in orange:

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And Marvell Technology Group Ltd. (Symbol: MRVL) options are showing a volume of 35,047 contracts thus far today. That number of contracts represents approximately 3.5 million underlying shares, working out to a sizeable 55.5% of MRVL's average daily trading volume over the past month, of 6.3 million shares. Especially high volume was seen for the $24 strike call option expiring May 18, 2018 , with 14,441 contracts trading so far today, representing approximately 1.4 million underlying shares of MRVL. Below is a chart showing MRVL's trailing twelve month trading history, with the $24 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

For the various different available expirations for ITW options , IFF options , or MRVL 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: ITW , IFF , MRVL


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