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Noteworthy Thursday Option Activity: NFLX, ZION, CTL


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Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Netflix Inc (Symbol: NFLX), where a total volume of 95,095 contracts has been traded thus far today, a contract volume which is representative of approximately 9.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 55.7% of NFLX's average daily trading volume over the past month, of 17.1 million shares. Particularly high volume was seen for the $330 strike call option expiring November 09, 2018 , with 5,798 contracts trading so far today, representing approximately 579,800 underlying shares of NFLX. Below is a chart showing NFLX's trailing twelve month trading history, with the $330 strike highlighted in orange:

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Zions Bancorporation, N.A. (Symbol: ZION) options are showing a volume of 18,569 contracts thus far today. That number of contracts represents approximately 1.9 million underlying shares, working out to a sizeable 53.8% of ZION's average daily trading volume over the past month, of 3.4 million shares. Particularly high volume was seen for the $52.50 strike call option expiring November 16, 2018 , with 11,357 contracts trading so far today, representing approximately 1.1 million underlying shares of ZION. Below is a chart showing ZION's trailing twelve month trading history, with the $52.50 strike highlighted in orange:

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And CenturyLink Inc (Symbol: CTL) options are showing a volume of 39,126 contracts thus far today. That number of contracts represents approximately 3.9 million underlying shares, working out to a sizeable 44.2% of CTL's average daily trading volume over the past month, of 8.8 million shares. Especially high volume was seen for the $21.50 strike call option expiring November 16, 2018 , with 9,329 contracts trading so far today, representing approximately 932,900 underlying shares of CTL. Below is a chart showing CTL's trailing twelve month trading history, with the $21.50 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

For the various different available expirations for NFLX options , ZION options , or CTL 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: NFLX , ZION , CTL



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