SBUX

Notable Friday Option Activity: SBUX, UNP, NTNX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Starbucks Corp. (Symbol: SBUX), where a total volume of 46,933 contracts has been traded thus far today, a contract volume which is representative of approximately 4.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.9% of SBUX's average daily trading volume over the past month, of 10.7 million shares. Especially high volume was seen for the $57.50 strike put option expiring April 20, 2018 , with 5,747 contracts trading so far today, representing approximately 574,700 underlying shares of SBUX. Below is a chart showing SBUX's trailing twelve month trading history, with the $57.50 strike highlighted in orange:

Union Pacific Corp (Symbol: UNP) saw options trading volume of 21,384 contracts, representing approximately 2.1 million underlying shares or approximately 43.1% of UNP's average daily trading volume over the past month, of 5.0 million shares. Especially high volume was seen for the $140 strike call option expiring March 16, 2018 , with 6,929 contracts trading so far today, representing approximately 692,900 underlying shares of UNP. Below is a chart showing UNP's trailing twelve month trading history, with the $140 strike highlighted in orange:

And Nutanix Inc (Symbol: NTNX) options are showing a volume of 19,357 contracts thus far today. That number of contracts represents approximately 1.9 million underlying shares, working out to a sizeable 43.1% of NTNX's average daily trading volume over the past month, of 4.5 million shares. Especially high volume was seen for the $50 strike call option expiring March 16, 2018 , with 2,801 contracts trading so far today, representing approximately 280,100 underlying shares of NTNX. Below is a chart showing NTNX's trailing twelve month trading history, with the $50 strike highlighted in orange:

For the various different available expirations for SBUX options , UNP options , or NTNX 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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