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Noteworthy Friday Option Activity: UNP, BBY, TAP


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Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Union Pacific Corp (Symbol: UNP), where a total of 32,577 contracts have traded so far, representing approximately 3.3 million underlying shares. That amounts to about 64.5% of UNP's average daily trading volume over the past month of 5.1 million shares. Especially high volume was seen for the $137 strike put option expiring January 19, 2018 , with 9,886 contracts trading so far today, representing approximately 988,600 underlying shares of UNP. Below is a chart showing UNP's trailing twelve month trading history, with the $137 strike highlighted in orange:

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Best Buy Inc (Symbol: BBY) options are showing a volume of 19,866 contracts thus far today. That number of contracts represents approximately 2.0 million underlying shares, working out to a sizeable 60.5% of BBY's average daily trading volume over the past month, of 3.3 million shares. Particularly high volume was seen for the $67.50 strike put option expiring March 16, 2018 , with 7,963 contracts trading so far today, representing approximately 796,300 underlying shares of BBY. Below is a chart showing BBY's trailing twelve month trading history, with the $67.50 strike highlighted in orange:

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And Molson Coors Brewing Co. (Symbol: TAP) options are showing a volume of 5,693 contracts thus far today. That number of contracts represents approximately 569,300 underlying shares, working out to a sizeable 47.8% of TAP's average daily trading volume over the past month, of 1.2 million shares. Especially high volume was seen for the $92.50 strike call option expiring April 20, 2018 , with 2,001 contracts trading so far today, representing approximately 200,100 underlying shares of TAP. Below is a chart showing TAP's trailing twelve month trading history, with the $92.50 strike highlighted in orange:

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For the various different available expirations for UNP options , BBY options , or TAP 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: UNP , BBY , TAP


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