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Noteworthy Tuesday Option Activity: DRI, BAC, COST


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Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Darden Restaurants, Inc. (Symbol: DRI), where a total of 10,549 contracts have traded so far, representing approximately 1.1 million underlying shares. That amounts to about 68.7% of DRI's average daily trading volume over the past month of 1.5 million shares. Particularly high volume was seen for the $90 strike call option expiring June 15, 2018 , with 3,045 contracts trading so far today, representing approximately 304,500 underlying shares of DRI. Below is a chart showing DRI's trailing twelve month trading history, with the $90 strike highlighted in orange:

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Bank of America Corp. (Symbol: BAC) saw options trading volume of 341,800 contracts, representing approximately 34.2 million underlying shares or approximately 59.1% of BAC's average daily trading volume over the past month, of 57.8 million shares. Particularly high volume was seen for the $30 strike call option expiring June 01, 2018 , with 31,873 contracts trading so far today, representing approximately 3.2 million underlying shares of BAC. Below is a chart showing BAC's trailing twelve month trading history, with the $30 strike highlighted in orange:

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And Costco Wholesale Corp (Symbol: COST) options are showing a volume of 9,629 contracts thus far today. That number of contracts represents approximately 962,900 underlying shares, working out to a sizeable 53.8% of COST's average daily trading volume over the past month, of 1.8 million shares. Particularly high volume was seen for the $200 strike call option expiring June 01, 2018 , with 1,055 contracts trading so far today, representing approximately 105,500 underlying shares of COST. Below is a chart showing COST's trailing twelve month trading history, with the $200 strike highlighted in orange:

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For the various different available expirations for DRI options , BAC options , or COST 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: DRI , BAC , COST


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