Markets

Noteworthy Friday Option Activity: ALGN, LMT, PF

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Align Technology Inc (Symbol: ALGN), where a total volume of 5,260 contracts has been traded thus far today, a contract volume which is representative of approximately 526,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50% of ALGN's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $250 strike put option expiring March 16, 2018 , with 1,235 contracts trading so far today, representing approximately 123,500 underlying shares of ALGN. Below is a chart showing ALGN's trailing twelve month trading history, with the $250 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

Lockheed Martin Corp (Symbol: LMT) saw options trading volume of 7,409 contracts, representing approximately 740,900 underlying shares or approximately 49.6% of LMT's average daily trading volume over the past month, of 1.5 million shares. Particularly high volume was seen for the $325 strike put option expiring March 16, 2018 , with 864 contracts trading so far today, representing approximately 86,400 underlying shares of LMT. Below is a chart showing LMT's trailing twelve month trading history, with the $325 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

And Pinnacle Foods Inc. (Symbol: PF) options are showing a volume of 11,032 contracts thus far today. That number of contracts represents approximately 1.1 million underlying shares, working out to a sizeable 49.1% of PF's average daily trading volume over the past month, of 2.2 million shares. Particularly high volume was seen for the $60 strike call option expiring March 16, 2018 , with 10,012 contracts trading so far today, representing approximately 1.0 million underlying shares of PF. Below is a chart showing PF's trailing twelve month trading history, with the $60 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

For the various different available expirations for ALGN options , LMT options , or PF 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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