Notable Friday Option Activity: TGH, MVIS, BAC

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Textainer Group Holdings Ltd (Symbol: TGH), where a total volume of 1,458 contracts has been traded thus far today, a contract volume which is representative of approximately 145,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51% of TGH's average daily trading volume over the past month, of 285,930 shares. Especially high volume was seen for the $35 strike call option expiring December 16, 2022, with 603 contracts trading so far today, representing approximately 60,300 underlying shares of TGH. Below is a chart showing TGH's trailing twelve month trading history, with the $35 strike highlighted in orange:

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Microvision Inc. (Symbol: MVIS) saw options trading volume of 10,973 contracts, representing approximately 1.1 million underlying shares or approximately 50.9% of MVIS's average daily trading volume over the past month, of 2.2 million shares. Particularly high volume was seen for the $8 strike put option expiring October 21, 2022, with 2,501 contracts trading so far today, representing approximately 250,100 underlying shares of MVIS. Below is a chart showing MVIS's trailing twelve month trading history, with the $8 strike highlighted in orange:

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And Bank of America Corp (Symbol: BAC) options are showing a volume of 180,642 contracts thus far today. That number of contracts represents approximately 18.1 million underlying shares, working out to a sizeable 50% of BAC's average daily trading volume over the past month, of 36.1 million shares. Particularly high volume was seen for the $35 strike call option expiring September 09, 2022, with 33,358 contracts trading so far today, representing approximately 3.3 million underlying shares of BAC. Below is a chart showing BAC's trailing twelve month trading history, with the $35 strike highlighted in orange:

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For the various different available expirations for TGH options, MVIS options, or BAC options, visit StockOptionsChannel.com.

Today's Most Active Call & Put Options of the S&P 500 »

BNK Invest
BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.
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