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Notable Friday Option Activity: MMM, LULU, DVMT

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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in 3M Co (Symbol: MMM), where a total volume of 10,798 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.3% of MMM's average daily trading volume over the past month, of 2.4 million shares. Particularly high volume was seen for the $202.50 strike call option expiring August 17, 2018 , with 983 contracts trading so far today, representing approximately 98,300 underlying shares of MMM. Below is a chart showing MMM's trailing twelve month trading history, with the $202.50 strike highlighted in orange:

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lululemon athletica inc (Symbol: LULU) options are showing a volume of 6,388 contracts thus far today. That number of contracts represents approximately 638,800 underlying shares, working out to a sizeable 45.3% of LULU's average daily trading volume over the past month, of 1.4 million shares. Especially high volume was seen for the $131 strike call option expiring August 31, 2018 , with 465 contracts trading so far today, representing approximately 46,500 underlying shares of LULU. Below is a chart showing LULU's trailing twelve month trading history, with the $131 strike highlighted in orange:

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And Dell Technologies Inc (Symbol: DVMT) options are showing a volume of 5,353 contracts thus far today. That number of contracts represents approximately 535,300 underlying shares, working out to a sizeable 44.7% of DVMT's average daily trading volume over the past month, of 1.2 million shares. Particularly high volume was seen for the $95 strike call option expiring September 21, 2018 , with 1,861 contracts trading so far today, representing approximately 186,100 underlying shares of DVMT. Below is a chart showing DVMT's trailing twelve month trading history, with the $95 strike highlighted in orange:

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For the various different available expirations for MMM options , LULU options , or DVMT options , visit StockOptionsChannel.com.

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

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


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

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