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Noteworthy Monday Option Activity: GM, WYNN, MMM


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Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in General Motors Co (Symbol: GM), where a total volume of 83,861 contracts has been traded thus far today, a contract volume which is representative of approximately 8.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 63.6% of GM's average daily trading volume over the past month, of 13.2 million shares. Particularly high volume was seen for the $43 strike call option expiring January 18, 2019 , with 7,679 contracts trading so far today, representing approximately 767,900 underlying shares of GM. Below is a chart showing GM's trailing twelve month trading history, with the $43 strike highlighted in orange:

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Wynn Resorts Ltd (Symbol: WYNN) saw options trading volume of 19,610 contracts, representing approximately 2.0 million underlying shares or approximately 53.4% of WYNN's average daily trading volume over the past month, of 3.7 million shares. Particularly high volume was seen for the $125 strike call option expiring December 21, 2018 , with 1,264 contracts trading so far today, representing approximately 126,400 underlying shares of WYNN. Below is a chart showing WYNN's trailing twelve month trading history, with the $125 strike highlighted in orange:

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And 3M Co (Symbol: MMM) saw options trading volume of 13,515 contracts, representing approximately 1.4 million underlying shares or approximately 52.1% of MMM's average daily trading volume over the past month, of 2.6 million shares. Especially high volume was seen for the $210 strike call option expiring December 21, 2018 , with 10,107 contracts trading so far today, representing approximately 1.0 million underlying shares of MMM. Below is a chart showing MMM's trailing twelve month trading history, with the $210 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

For the various different available expirations for GM options , WYNN options , or MMM 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: GM , WYNN , MMM



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