Notable Friday Option Activity: TPX, ABG, WYNN

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Tempur Sealy International, Inc. (Symbol: TPX), where a total volume of 33,552 contracts has been traded thus far today, a contract volume which is representative of approximately 3.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 272% of TPX's average daily trading volume over the past month, of 1.2 million shares. Especially high volume was seen for the $45 strike put option expiring July 19, 2024, with 9,792 contracts trading so far today, representing approximately 979,200 underlying shares of TPX. Below is a chart showing TPX's trailing twelve month trading history, with the $45 strike highlighted in orange:

Asbury Automotive Group Inc (Symbol: ABG) options are showing a volume of 3,281 contracts thus far today. That number of contracts represents approximately 328,100 underlying shares, working out to a sizeable 228.6% of ABG's average daily trading volume over the past month, of 143,555 shares. Particularly high volume was seen for the $200 strike call option expiring June 21, 2024, with 1,636 contracts trading so far today, representing approximately 163,600 underlying shares of ABG. Below is a chart showing ABG's trailing twelve month trading history, with the $200 strike highlighted in orange:

And Wynn Resorts Ltd (Symbol: WYNN) options are showing a volume of 26,049 contracts thus far today. That number of contracts represents approximately 2.6 million underlying shares, working out to a sizeable 174.5% of WYNN's average daily trading volume over the past month, of 1.5 million shares. Particularly high volume was seen for the $87.50 strike put option expiring August 16, 2024, with 3,410 contracts trading so far today, representing approximately 341,000 underlying shares of WYNN. Below is a chart showing WYNN's trailing twelve month trading history, with the $87.50 strike highlighted in orange:

For the various different available expirations for TPX options, ABG options, or WYNN options, visit StockOptionsChannel.com.

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

Also see:

• WPM Options Chain
• GHVI market cap history
• Top Ten Hedge Funds Holding ITE

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