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Noteworthy Friday Option Activity: RTN, PYPL, HSY


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Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Raytheon Co. (Symbol: RTN), where a total volume of 5,847 contracts has been traded thus far today, a contract volume which is representative of approximately 584,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.4% of RTN's average daily trading volume over the past month, of 1.3 million shares. Especially high volume was seen for the $197.50 strike put option expiring November 09, 2018 , with 2,208 contracts trading so far today, representing approximately 220,800 underlying shares of RTN. Below is a chart showing RTN's trailing twelve month trading history, with the $197.50 strike highlighted in orange:

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PayPal Holdings Inc (Symbol: PYPL) options are showing a volume of 34,659 contracts thus far today. That number of contracts represents approximately 3.5 million underlying shares, working out to a sizeable 42.7% of PYPL's average daily trading volume over the past month, of 8.1 million shares. Especially high volume was seen for the $70 strike put option expiring April 18, 2019 , with 1,520 contracts trading so far today, representing approximately 152,000 underlying shares of PYPL. Below is a chart showing PYPL's trailing twelve month trading history, with the $70 strike highlighted in orange:

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And Hershey Company (Symbol: HSY) saw options trading volume of 4,013 contracts, representing approximately 401,300 underlying shares or approximately 42.3% of HSY's average daily trading volume over the past month, of 947,635 shares. Especially high volume was seen for the $105 strike call option expiring October 12, 2018 , with 928 contracts trading so far today, representing approximately 92,800 underlying shares of HSY. Below is a chart showing HSY's trailing twelve month trading history, with the $105 strike highlighted in orange:

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For the various different available expirations for RTN options , PYPL options , or HSY 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: RTN , PYPL , HSY



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