Notable Tuesday Option Activity: ZM, THO, LZB

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Zoom Video Communications Inc (Symbol: ZM), where a total volume of 19,533 contracts has been traded thus far today, a contract volume which is representative of approximately 2.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 78.9% of ZM's average daily trading volume over the past month, of 2.5 million shares. Especially high volume was seen for the $40 strike put option expiring September 13, 2024, with 1,440 contracts trading so far today, representing approximately 144,000 underlying shares of ZM. Below is a chart showing ZM's trailing twelve month trading history, with the $40 strike highlighted in orange:

Thor Industries, Inc. (Symbol: THO) options are showing a volume of 3,362 contracts thus far today. That number of contracts represents approximately 336,200 underlying shares, working out to a sizeable 67.4% of THO's average daily trading volume over the past month, of 499,160 shares. Especially high volume was seen for the $100 strike put option expiring October 18, 2024, with 1,648 contracts trading so far today, representing approximately 164,800 underlying shares of THO. Below is a chart showing THO's trailing twelve month trading history, with the $100 strike highlighted in orange:

And La-Z-Boy Inc. (Symbol: LZB) saw options trading volume of 2,776 contracts, representing approximately 277,600 underlying shares or approximately 62.8% of LZB's average daily trading volume over the past month, of 442,375 shares. Particularly high volume was seen for the $55 strike call option expiring September 20, 2024, with 1,509 contracts trading so far today, representing approximately 150,900 underlying shares of LZB. Below is a chart showing LZB's trailing twelve month trading history, with the $55 strike highlighted in orange:

For the various different available expirations for ZM options, THO options, or LZB options, visit StockOptionsChannel.com.

Today's Most Active Call & Put Options of the S&P 500 »

Also see:

• MLPs Hedge Funds Are Buying
• Funds Holding PORT
• ALDR Insider Buying

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