Noteworthy Monday Option Activity: FWRD, PFE, PG

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Forward Air Corp (Symbol: FWRD), where a total volume of 2,318 contracts has been traded thus far today, a contract volume which is representative of approximately 231,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 41.5% of FWRD's average daily trading volume over the past month, of 559,045 shares. Particularly high volume was seen for the $30 strike put option expiring February 21, 2025, with 612 contracts trading so far today, representing approximately 61,200 underlying shares of FWRD. Below is a chart showing FWRD's trailing twelve month trading history, with the $30 strike highlighted in orange:

Pfizer Inc (Symbol: PFE) options are showing a volume of 172,723 contracts thus far today. That number of contracts represents approximately 17.3 million underlying shares, working out to a sizeable 41.2% of PFE's average daily trading volume over the past month, of 41.9 million shares. Especially high volume was seen for the $27.50 strike call option expiring January 17, 2025, with 11,487 contracts trading so far today, representing approximately 1.1 million underlying shares of PFE. Below is a chart showing PFE's trailing twelve month trading history, with the $27.50 strike highlighted in orange:

And Procter & Gamble Company (Symbol: PG) saw options trading volume of 25,298 contracts, representing approximately 2.5 million underlying shares or approximately 40.8% of PG's average daily trading volume over the past month, of 6.2 million shares. Particularly high volume was seen for the $165 strike call option expiring January 17, 2025, with 2,195 contracts trading so far today, representing approximately 219,500 underlying shares of PG. Below is a chart showing PG's trailing twelve month trading history, with the $165 strike highlighted in orange:

For the various different available expirations for FWRD options, PFE options, or PG options, visit StockOptionsChannel.com.

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

Also see:

• Larry Robbins Stock Picks
• Funds Holding MMLG
• Institutional Holders of SPTK

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