Markets MTB

Noteworthy Friday Option Activity: MTB, BAC, POOL

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in M & T Bank Corp (Symbol: MTB), where a total volume of 6,131 contracts has been traded thus far today, a contract volume which is representative of approximately 613,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53.9% of MTB's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $125 strike call option expiring November 17, 2023, with 2,842 contracts trading so far today, representing approximately 284,200 underlying shares of MTB. Below is a chart showing MTB's trailing twelve month trading history, with the $125 strike highlighted in orange:

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Bank of America Corp (Symbol: BAC) saw options trading volume of 293,003 contracts, representing approximately 29.3 million underlying shares or approximately 52.5% of BAC's average daily trading volume over the past month, of 55.8 million shares. Especially high volume was seen for the $35 strike call option expiring June 21, 2024, with 20,331 contracts trading so far today, representing approximately 2.0 million underlying shares of BAC. Below is a chart showing BAC's trailing twelve month trading history, with the $35 strike highlighted in orange:

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And Pool Corp (Symbol: POOL) saw options trading volume of 2,267 contracts, representing approximately 226,700 underlying shares or approximately 49.7% of POOL's average daily trading volume over the past month, of 455,780 shares. Especially high volume was seen for the $350 strike call option expiring November 17, 2023, with 1,001 contracts trading so far today, representing approximately 100,100 underlying shares of POOL. Below is a chart showing POOL's trailing twelve month trading history, with the $350 strike highlighted in orange:

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For the various different available expirations for MTB options, BAC options, or POOL options, visit StockOptionsChannel.com.

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

Also see:
• BCS Videos
• Top Ten Hedge Funds Holding DBND
• CQP Stock Predictions

BNK Invest
BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.
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