Noteworthy Friday Option Activity: CLF, HE, INTC

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cleveland-Cliffs Inc (Symbol: CLF), where a total volume of 39,784 contracts has been traded thus far today, a contract volume which is representative of approximately 4.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.6% of CLF's average daily trading volume over the past month, of 8.7 million shares. Especially high volume was seen for the $16 strike call option expiring September 20, 2024, with 6,145 contracts trading so far today, representing approximately 614,500 underlying shares of CLF. Below is a chart showing CLF's trailing twelve month trading history, with the $16 strike highlighted in orange:

Hawaiian Electric Industries Inc (Symbol: HE) options are showing a volume of 7,408 contracts thus far today. That number of contracts represents approximately 740,800 underlying shares, working out to a sizeable 45% of HE's average daily trading volume over the past month, of 1.6 million shares. Especially high volume was seen for the $10 strike put option expiring June 21, 2024, with 3,177 contracts trading so far today, representing approximately 317,700 underlying shares of HE. Below is a chart showing HE's trailing twelve month trading history, with the $10 strike highlighted in orange:

And Intel Corp (Symbol: INTC) options are showing a volume of 185,763 contracts thus far today. That number of contracts represents approximately 18.6 million underlying shares, working out to a sizeable 44.7% of INTC's average daily trading volume over the past month, of 41.6 million shares. Especially high volume was seen for the $31 strike call option expiring June 21, 2024, with 17,667 contracts trading so far today, representing approximately 1.8 million underlying shares of INTC. Below is a chart showing INTC's trailing twelve month trading history, with the $31 strike highlighted in orange:

For the various different available expirations for CLF options, HE options, or INTC options, visit StockOptionsChannel.com.

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

Also see:

• SKYS market cap history
• TLP Options Chain
• MRSN Historical Stock Prices

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