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Noteworthy Wednesday Option Activity: NXST, LE, BMY


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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Nexstar Media Group Inc (Symbol: NXST), where a total volume of 2,212 contracts has been traded thus far today, a contract volume which is representative of approximately 221,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 63.5% of NXST's average daily trading volume over the past month, of 348,475 shares. Particularly high volume was seen for the $80 strike call option expiring November 16, 2018 , with 1,308 contracts trading so far today, representing approximately 130,800 underlying shares of NXST. Below is a chart showing NXST's trailing twelve month trading history, with the $80 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

Lands' End Inc (Symbol: LE) options are showing a volume of 2,733 contracts thus far today. That number of contracts represents approximately 273,300 underlying shares, working out to a sizeable 60.6% of LE's average daily trading volume over the past month, of 451,285 shares. Particularly high volume was seen for the $25 strike call option expiring December 21, 2018 , with 1,400 contracts trading so far today, representing approximately 140,000 underlying shares of LE. Below is a chart showing LE's trailing twelve month trading history, with the $25 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

And Bristol-Myers Squibb Co. (Symbol: BMY) saw options trading volume of 26,925 contracts, representing approximately 2.7 million underlying shares or approximately 59.7% of BMY's average daily trading volume over the past month, of 4.5 million shares. Especially high volume was seen for the $70 strike call option expiring January 18, 2019 , with 6,396 contracts trading so far today, representing approximately 639,600 underlying shares of BMY. Below is a chart showing BMY's trailing twelve month trading history, with the $70 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

For the various different available expirations for NXST options , LE options , or BMY 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: NXST , LE , BMY



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