Noteworthy Friday Option Activity: SAVA, MA, IRM

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cassava Sciences Inc (Symbol: SAVA), where a total volume of 3,643 contracts has been traded thus far today, a contract volume which is representative of approximately 364,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 60.9% of SAVA's average daily trading volume over the past month, of 598,430 shares. Especially high volume was seen for the $20 strike call option expiring June 21, 2024, with 1,653 contracts trading so far today, representing approximately 165,300 underlying shares of SAVA. Below is a chart showing SAVA's trailing twelve month trading history, with the $20 strike highlighted in orange:

Mastercard Inc (Symbol: MA) options are showing a volume of 13,091 contracts thus far today. That number of contracts represents approximately 1.3 million underlying shares, working out to a sizeable 59.8% of MA's average daily trading volume over the past month, of 2.2 million shares. Particularly high volume was seen for the $437.50 strike put option expiring June 14, 2024, with 1,472 contracts trading so far today, representing approximately 147,200 underlying shares of MA. Below is a chart showing MA's trailing twelve month trading history, with the $437.50 strike highlighted in orange:

And Iron Mountain Inc (Symbol: IRM) options are showing a volume of 8,799 contracts thus far today. That number of contracts represents approximately 879,900 underlying shares, working out to a sizeable 59.7% of IRM's average daily trading volume over the past month, of 1.5 million shares. Especially high volume was seen for the $82.50 strike call option expiring June 21, 2024, with 3,745 contracts trading so far today, representing approximately 374,500 underlying shares of IRM. Below is a chart showing IRM's trailing twelve month trading history, with the $82.50 strike highlighted in orange:

For the various different available expirations for SAVA options, MA options, or IRM options, visit StockOptionsChannel.com.

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

Also see:

• Cash Dividend
• CATH shares outstanding history
• Institutional Holders of International Paper

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