Notable Wednesday Option Activity: NYT, MRK, PLAY

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in New York Times Co. (Symbol: NYT), where a total volume of 7,345 contracts has been traded thus far today, a contract volume which is representative of approximately 734,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42.4% of NYT's average daily trading volume over the past month, of 1.7 million shares. Particularly high volume was seen for the $45 strike put option expiring October 17, 2025, with 3,750 contracts trading so far today, representing approximately 375,000 underlying shares of NYT. Below is a chart showing NYT's trailing twelve month trading history, with the $45 strike highlighted in orange:

Merck & Co Inc (Symbol: MRK) saw options trading volume of 67,640 contracts, representing approximately 6.8 million underlying shares or approximately 41.6% of MRK's average daily trading volume over the past month, of 16.3 million shares. Especially high volume was seen for the $65 strike put option expiring July 18, 2025, with 15,121 contracts trading so far today, representing approximately 1.5 million underlying shares of MRK. Below is a chart showing MRK's trailing twelve month trading history, with the $65 strike highlighted in orange:

And Dave & Busters Entertainment Inc (Symbol: PLAY) saw options trading volume of 4,565 contracts, representing approximately 456,500 underlying shares or approximately 40.6% of PLAY's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $23 strike call option expiring May 16, 2025, with 3,360 contracts trading so far today, representing approximately 336,000 underlying shares of PLAY. Below is a chart showing PLAY's trailing twelve month trading history, with the $23 strike highlighted in orange:

For the various different available expirations for NYT options, MRK options, or PLAY options, visit StockOptionsChannel.com.

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

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