Markets NOW

Notable Wednesday Option Activity: NOW, GM, DG

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in ServiceNow Inc (Symbol: NOW), where a total volume of 5,555 contracts has been traded thus far today, a contract volume which is representative of approximately 555,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 57.2% of NOW's average daily trading volume over the past month, of 971,180 shares. Particularly high volume was seen for the $680 strike call option expiring December 17, 2021, with 332 contracts trading so far today, representing approximately 33,200 underlying shares of NOW. Below is a chart showing NOW's trailing twelve month trading history, with the $680 strike highlighted in orange:

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General Motors Co (Symbol: GM) saw options trading volume of 104,588 contracts, representing approximately 10.5 million underlying shares or approximately 54.5% of GM's average daily trading volume over the past month, of 19.2 million shares. Particularly high volume was seen for the $70 strike call option expiring December 23, 2021, with 10,283 contracts trading so far today, representing approximately 1.0 million underlying shares of GM. Below is a chart showing GM's trailing twelve month trading history, with the $70 strike highlighted in orange:

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And Dollar General Corp (Symbol: DG) options are showing a volume of 6,943 contracts thus far today. That number of contracts represents approximately 694,300 underlying shares, working out to a sizeable 46.6% of DG's average daily trading volume over the past month, of 1.5 million shares. Particularly high volume was seen for the $210 strike put option expiring December 03, 2021, with 583 contracts trading so far today, representing approximately 58,300 underlying shares of DG. Below is a chart showing DG's trailing twelve month trading history, with the $210 strike highlighted in orange:

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For the various different available expirations for NOW options, GM options, or DG options, visit StockOptionsChannel.com.

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

BNK Invest
BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.
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