Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Cboe Global Markets Inc (Symbol: CBOE), where a total volume of 3,487 contracts has been traded thus far today, a contract volume which is representative of approximately 348,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 65.3% of CBOE's average daily trading volume over the past month, of 534,220 shares. Particularly high volume was seen for the $126 strike call option expiring August 06, 2021, with 906 contracts trading so far today, representing approximately 90,600 underlying shares of CBOE. Below is a chart showing CBOE's trailing twelve month trading history, with the $126 strike highlighted in orange:
Seagate Technology Holdings PLC (Symbol: STX) options are showing a volume of 12,771 contracts thus far today. That number of contracts represents approximately 1.3 million underlying shares, working out to a sizeable 64% of STX's average daily trading volume over the past month, of 2.0 million shares. Especially high volume was seen for the $83 strike put option expiring July 23, 2021, with 1,876 contracts trading so far today, representing approximately 187,600 underlying shares of STX. Below is a chart showing STX's trailing twelve month trading history, with the $83 strike highlighted in orange:
And ViacomCBS Inc (Symbol: VIAC) options are showing a volume of 82,145 contracts thus far today. That number of contracts represents approximately 8.2 million underlying shares, working out to a sizeable 58.8% of VIAC's average daily trading volume over the past month, of 14.0 million shares. Especially high volume was seen for the $46 strike call option expiring August 20, 2021, with 18,027 contracts trading so far today, representing approximately 1.8 million underlying shares of VIAC. Below is a chart showing VIAC's trailing twelve month trading history, with the $46 strike highlighted in orange:
For the various different available expirations for CBOE options, STX options, or VIAC options, visit StockOptionsChannel.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
