Notable Monday Option Activity: SPR, INTT, DVN

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Spirit AeroSystems Holdings Inc (Symbol: SPR), where a total volume of 25,890 contracts has been traded thus far today, a contract volume which is representative of approximately 2.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 74.2% of SPR's average daily trading volume over the past month, of 3.5 million shares. Especially high volume was seen for the $35 strike call option expiring July 19, 2024, with 9,012 contracts trading so far today, representing approximately 901,200 underlying shares of SPR. Below is a chart showing SPR's trailing twelve month trading history, with the $35 strike highlighted in orange:

inTEST Corp. (Symbol: INTT) options are showing a volume of 1,212 contracts thus far today. That number of contracts represents approximately 121,200 underlying shares, working out to a sizeable 70.7% of INTT's average daily trading volume over the past month, of 171,515 shares. Especially high volume was seen for the $12.50 strike call option expiring August 16, 2024, with 1,110 contracts trading so far today, representing approximately 111,000 underlying shares of INTT. Below is a chart showing INTT's trailing twelve month trading history, with the $12.50 strike highlighted in orange:

And Devon Energy Corp. (Symbol: DVN) options are showing a volume of 47,842 contracts thus far today. That number of contracts represents approximately 4.8 million underlying shares, working out to a sizeable 69.5% of DVN's average daily trading volume over the past month, of 6.9 million shares. Particularly high volume was seen for the $48.50 strike call option expiring July 05, 2024, with 25,041 contracts trading so far today, representing approximately 2.5 million underlying shares of DVN. Below is a chart showing DVN's trailing twelve month trading history, with the $48.50 strike highlighted in orange:

For the various different available expirations for SPR options, INTT options, or DVN options, visit StockOptionsChannel.com.

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