Notable Friday Option Activity: COF, WLK, AGX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Capital One Financial Corp (Symbol: COF), where a total volume of 13,992 contracts has been traded thus far today, a contract volume which is representative of approximately 1.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 79% of COF's average daily trading volume over the past month, of 1.8 million shares. Especially high volume was seen for the $144 strike put option expiring September 06, 2024, with 3,210 contracts trading so far today, representing approximately 321,000 underlying shares of COF. Below is a chart showing COF's trailing twelve month trading history, with the $144 strike highlighted in orange:

Westlake Corp (Symbol: WLK) options are showing a volume of 3,013 contracts thus far today. That number of contracts represents approximately 301,300 underlying shares, working out to a sizeable 77% of WLK's average daily trading volume over the past month, of 391,440 shares. Particularly high volume was seen for the $120 strike put option expiring September 20, 2024, with 1,003 contracts trading so far today, representing approximately 100,300 underlying shares of WLK. Below is a chart showing WLK's trailing twelve month trading history, with the $120 strike highlighted in orange:

And Argan Inc (Symbol: AGX) options are showing a volume of 1,032 contracts thus far today. That number of contracts represents approximately 103,200 underlying shares, working out to a sizeable 76.8% of AGX's average daily trading volume over the past month, of 134,360 shares. Particularly high volume was seen for the $100 strike call option expiring September 20, 2024, with 287 contracts trading so far today, representing approximately 28,700 underlying shares of AGX. Below is a chart showing AGX's trailing twelve month trading history, with the $100 strike highlighted in orange:

For the various different available expirations for COF options, WLK options, or AGX options, visit StockOptionsChannel.com.

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

Also see:

• FEMB Options Chain
• Top Ten Hedge Funds Holding CLDL
• Institutional Holders of DMYI

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.