Noteworthy Friday Option Activity: CRS, VCEL, MU

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Carpenter Technology Corp. (Symbol: CRS), where a total volume of 5,576 contracts has been traded thus far today, a contract volume which is representative of approximately 557,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 69.9% of CRS's average daily trading volume over the past month, of 797,505 shares. Especially high volume was seen for the $150 strike call option expiring December 20, 2024, with 2,336 contracts trading so far today, representing approximately 233,600 underlying shares of CRS. Below is a chart showing CRS's trailing twelve month trading history, with the $150 strike highlighted in orange:

Vericel Corp (Symbol: VCEL) options are showing a volume of 2,420 contracts thus far today. That number of contracts represents approximately 242,000 underlying shares, working out to a sizeable 69.1% of VCEL's average daily trading volume over the past month, of 350,010 shares. Particularly high volume was seen for the $50 strike put option expiring August 16, 2024, with 800 contracts trading so far today, representing approximately 80,000 underlying shares of VCEL. Below is a chart showing VCEL's trailing twelve month trading history, with the $50 strike highlighted in orange:

And Micron Technology Inc. (Symbol: MU) options are showing a volume of 163,638 contracts thus far today. That number of contracts represents approximately 16.4 million underlying shares, working out to a sizeable 66.2% of MU's average daily trading volume over the past month, of 24.7 million shares. Especially high volume was seen for the $110 strike call option expiring August 16, 2024, with 12,363 contracts trading so far today, representing approximately 1.2 million underlying shares of MU. Below is a chart showing MU's trailing twelve month trading history, with the $110 strike highlighted in orange:

For the various different available expirations for CRS options, VCEL options, or MU options, visit StockOptionsChannel.com.

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

Also see:

• CMTA shares outstanding history
• SCL Insider Buying
• Top 10 Hedge Funds Holding Fifth Third Bancorp

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.