Notable Friday Option Activity: HUN, CR, CPRI

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Huntsman Corp (Symbol: HUN), where a total volume of 40,710 contracts has been traded thus far today, a contract volume which is representative of approximately 4.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 236% of HUN's average daily trading volume over the past month, of 1.7 million shares. Particularly high volume was seen for the $22 strike put option expiring June 21, 2024, with 20,372 contracts trading so far today, representing approximately 2.0 million underlying shares of HUN. Below is a chart showing HUN's trailing twelve month trading history, with the $22 strike highlighted in orange:

Crane Co (Symbol: CR) options are showing a volume of 3,201 contracts thus far today. That number of contracts represents approximately 320,100 underlying shares, working out to a sizeable 204% of CR's average daily trading volume over the past month, of 156,875 shares. Especially high volume was seen for the $130 strike call option expiring May 17, 2024, with 2,000 contracts trading so far today, representing approximately 200,000 underlying shares of CR. Below is a chart showing CR's trailing twelve month trading history, with the $130 strike highlighted in orange:

And Capri Holdings Ltd (Symbol: CPRI) saw options trading volume of 32,378 contracts, representing approximately 3.2 million underlying shares or approximately 196.9% of CPRI's average daily trading volume over the past month, of 1.6 million shares. Especially high volume was seen for the $45 strike call option expiring May 17, 2024, with 11,432 contracts trading so far today, representing approximately 1.1 million underlying shares of CPRI. Below is a chart showing CPRI's trailing twelve month trading history, with the $45 strike highlighted in orange:

For the various different available expirations for HUN options, CR options, or CPRI options, visit StockOptionsChannel.com.

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