Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in EchoStar Corp (Symbol: SATS), where a total volume of 1,139 contracts has been traded thus far today, a contract volume which is representative of approximately 113,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.2% of SATS's average daily trading volume over the past month, of 226,865 shares. Particularly high volume was seen for the $55 strike call option expiring January 18, 2019 , with 1,011 contracts trading so far today, representing approximately 101,100 underlying shares of SATS. Below is a chart showing SATS's trailing twelve month trading history, with the $55 strike highlighted in orange:
Salesforce.com Inc (Symbol: CRM) options are showing a volume of 20,221 contracts thus far today. That number of contracts represents approximately 2.0 million underlying shares, working out to a sizeable 49.9% of CRM's average daily trading volume over the past month, of 4.1 million shares. Particularly high volume was seen for the $140 strike call option expiring September 21, 2018 , with 1,079 contracts trading so far today, representing approximately 107,900 underlying shares of CRM. Below is a chart showing CRM's trailing twelve month trading history, with the $140 strike highlighted in orange:
And Costco Wholesale Corp (Symbol: COST) options are showing a volume of 9,085 contracts thus far today. That number of contracts represents approximately 908,500 underlying shares, working out to a sizeable 49.7% of COST's average daily trading volume over the past month, of 1.8 million shares. Particularly high volume was seen for the $217.50 strike put option expiring August 17, 2018 , with 711 contracts trading so far today, representing approximately 71,100 underlying shares of COST. Below is a chart showing COST's trailing twelve month trading history, with the $217.50 strike highlighted in orange:
For the various different available expirations for SATS options , CRM options , or COST 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.
Credit: Shutterstock photo