SBUX

Notable Tuesday Option Activity: DVN, SBUX, IP

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Devon Energy Corp. (Symbol: DVN), where a total of 69,625 contracts have traded so far, representing approximately 7.0 million underlying shares. That amounts to about 96.9% of DVN's average daily trading volume over the past month of 7.2 million shares. Especially high volume was seen for the $42 strike call option expiring October 19, 2018 , with 25,028 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 $42 strike highlighted in orange:

Starbucks Corp. (Symbol: SBUX) options are showing a volume of 42,946 contracts thus far today. That number of contracts represents approximately 4.3 million underlying shares, working out to a sizeable 65.3% of SBUX's average daily trading volume over the past month, of 6.6 million shares. Particularly high volume was seen for the $55 strike call option expiring June 15, 2018 , with 2,288 contracts trading so far today, representing approximately 228,800 underlying shares of SBUX. Below is a chart showing SBUX's trailing twelve month trading history, with the $55 strike highlighted in orange:

And International Paper Co (Symbol: IP) options are showing a volume of 15,299 contracts thus far today. That number of contracts represents approximately 1.5 million underlying shares, working out to a sizeable 57.6% of IP's average daily trading volume over the past month, of 2.7 million shares. Particularly high volume was seen for the $57.50 strike call option expiring July 20, 2018 , with 2,195 contracts trading so far today, representing approximately 219,500 underlying shares of IP. Below is a chart showing IP's trailing twelve month trading history, with the $57.50 strike highlighted in orange:

For the various different available expirations for DVN options , SBUX options , or IP 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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