Markets

Notable Tuesday Option Activity: MO, HTZ, SCHW

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Altria Group Inc (Symbol: MO), where a total volume of 50,921 contracts has been traded thus far today, a contract volume which is representative of approximately 5.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 72.1% of MO's average daily trading volume over the past month, of 7.1 million shares. Particularly high volume was seen for the $70 strike call option expiring March 16, 2018 , with 18,256 contracts trading so far today, representing approximately 1.8 million underlying shares of MO. Below is a chart showing MO's trailing twelve month trading history, with the $70 strike highlighted in orange:

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Hertz Global Holdings Inc (Symbol: HTZ) saw options trading volume of 15,440 contracts, representing approximately 1.5 million underlying shares or approximately 71.9% of HTZ's average daily trading volume over the past month, of 2.1 million shares. Particularly high volume was seen for the $22.50 strike call option expiring January 19, 2018 , with 4,125 contracts trading so far today, representing approximately 412,500 underlying shares of HTZ. Below is a chart showing HTZ's trailing twelve month trading history, with the $22.50 strike highlighted in orange:

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And The Charles Schwab Corporation (Symbol: SCHW) options are showing a volume of 41,515 contracts thus far today. That number of contracts represents approximately 4.2 million underlying shares, working out to a sizeable 71.5% of SCHW's average daily trading volume over the past month, of 5.8 million shares. Especially high volume was seen for the $54 strike put option expiring January 19, 2018 , with 11,262 contracts trading so far today, representing approximately 1.1 million underlying shares of SCHW. Below is a chart showing SCHW's trailing twelve month trading history, with the $54 strike highlighted in orange:

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For the various different available expirations for MO options , HTZ options , or SCHW 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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