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Noteworthy Wednesday Option Activity: W, VMI, ESNT


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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Wayfair Inc (Symbol: W), where a total volume of 5,907 contracts has been traded thus far today, a contract volume which is representative of approximately 590,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.1% of W's average daily trading volume over the past month, of 1.2 million shares. Especially high volume was seen for the $124 strike call option expiring October 26, 2018 , with 1,087 contracts trading so far today, representing approximately 108,700 underlying shares of W. Below is a chart showing W's trailing twelve month trading history, with the $124 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

Valmont Industries Inc (Symbol: VMI) saw options trading volume of 504 contracts, representing approximately 50,400 underlying shares or approximately 48.9% of VMI's average daily trading volume over the past month, of 103,125 shares. Especially high volume was seen for the $105 strike put option expiring December 21, 2018 , with 293 contracts trading so far today, representing approximately 29,300 underlying shares of VMI. Below is a chart showing VMI's trailing twelve month trading history, with the $105 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

And Essent Group Ltd (Symbol: ESNT) options are showing a volume of 2,738 contracts thus far today. That number of contracts represents approximately 273,800 underlying shares, working out to a sizeable 46.8% of ESNT's average daily trading volume over the past month, of 585,365 shares. Particularly high volume was seen for the $40 strike call option expiring January 18, 2019 , with 2,000 contracts trading so far today, representing approximately 200,000 underlying shares of ESNT. Below is a chart showing ESNT's trailing twelve month trading history, with the $40 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

For the various different available expirations for W options , VMI options , or ESNT 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: W , VMI , ESNT



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