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Noteworthy Tuesday Option Activity: LOW, IP, PRGO


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Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Lowe's Companies Inc (Symbol: LOW), where a total of 19,117 contracts have traded so far, representing approximately 1.9 million underlying shares. That amounts to about 53.1% of LOW's average daily trading volume over the past month of 3.6 million shares. Especially high volume was seen for the $111 strike call option expiring May 24, 2019 , with 3,330 contracts trading so far today, representing approximately 333,000 underlying shares of LOW. Below is a chart showing LOW's trailing twelve month trading history, with the $111 strike highlighted in orange:

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International Paper Co (Symbol: IP) saw options trading volume of 14,078 contracts, representing approximately 1.4 million underlying shares or approximately 49.2% of IP's average daily trading volume over the past month, of 2.9 million shares. Especially high volume was seen for the $40 strike put option expiring July 19, 2019 , with 1,785 contracts trading so far today, representing approximately 178,500 underlying shares of IP. Below is a chart showing IP's trailing twelve month trading history, with the $40 strike highlighted in orange:

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And Perrigo Company plc (Symbol: PRGO) options are showing a volume of 6,840 contracts thus far today. That number of contracts represents approximately 684,000 underlying shares, working out to a sizeable 46.4% of PRGO's average daily trading volume over the past month, of 1.5 million shares. Especially high volume was seen for the $50 strike call option expiring November 15, 2019 , with 3,125 contracts trading so far today, representing approximately 312,500 underlying shares of PRGO. Below is a chart showing PRGO's trailing twelve month trading history, with the $50 strike highlighted in orange:

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For the various different available expirations for LOW options , IP options , or PRGO 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 , Stocks , Options
Referenced Symbols: LOW , IP , PRGO



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