Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Walmart Inc (Symbol: WMT), where a total volume of 81,106 contracts has been traded thus far today, a contract volume which is representative of approximately 8.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 114.7% of WMT's average daily trading volume over the past month, of 7.1 million shares. Particularly high volume was seen for the $155 strike call option expiring January 21, 2022, with 7,969 contracts trading so far today, representing approximately 796,900 underlying shares of WMT. Below is a chart showing WMT's trailing twelve month trading history, with the $155 strike highlighted in orange:
Generac Holdings Inc (Symbol: GNRC) options are showing a volume of 7,359 contracts thus far today. That number of contracts represents approximately 735,900 underlying shares, working out to a sizeable 100.8% of GNRC's average daily trading volume over the past month, of 729,775 shares. Especially high volume was seen for the $500 strike call option expiring December 17, 2021, with 462 contracts trading so far today, representing approximately 46,200 underlying shares of GNRC. Below is a chart showing GNRC's trailing twelve month trading history, with the $500 strike highlighted in orange:
And ServiceNow Inc (Symbol: NOW) options are showing a volume of 8,931 contracts thus far today. That number of contracts represents approximately 893,100 underlying shares, working out to a sizeable 93.2% of NOW's average daily trading volume over the past month, of 958,520 shares. Especially high volume was seen for the $740 strike call option expiring December 03, 2021, with 819 contracts trading so far today, representing approximately 81,900 underlying shares of NOW. Below is a chart showing NOW's trailing twelve month trading history, with the $740 strike highlighted in orange:
For the various different available expirations for WMT options, GNRC options, or NOW options, visit StockOptionsChannel.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
