Noteworthy Monday Option Activity: STNG, HES, ZS

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Scorpio Tankers Inc (Symbol: STNG), where a total volume of 12,705 contracts has been traded thus far today, a contract volume which is representative of approximately 1.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 167.6% of STNG's average daily trading volume over the past month, of 757,950 shares. Especially high volume was seen for the $80 strike call option expiring September 20, 2024, with 2,768 contracts trading so far today, representing approximately 276,800 underlying shares of STNG. Below is a chart showing STNG's trailing twelve month trading history, with the $80 strike highlighted in orange:

Hess Corp (Symbol: HES) options are showing a volume of 25,937 contracts thus far today. That number of contracts represents approximately 2.6 million underlying shares, working out to a sizeable 136.1% of HES's average daily trading volume over the past month, of 1.9 million shares. Especially high volume was seen for the $125 strike put option expiring January 17, 2025, with 15,600 contracts trading so far today, representing approximately 1.6 million underlying shares of HES. Below is a chart showing HES's trailing twelve month trading history, with the $125 strike highlighted in orange:

And Zscaler Inc (Symbol: ZS) options are showing a volume of 28,546 contracts thus far today. That number of contracts represents approximately 2.9 million underlying shares, working out to a sizeable 133.5% of ZS's average daily trading volume over the past month, of 2.1 million shares. Particularly high volume was seen for the $210 strike call option expiring July 19, 2024, with 5,230 contracts trading so far today, representing approximately 523,000 underlying shares of ZS. Below is a chart showing ZS's trailing twelve month trading history, with the $210 strike highlighted in orange:

For the various different available expirations for STNG options, HES options, or ZS options, visit StockOptionsChannel.com.

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

Also see:

• Income Calendar
• NOG Next Dividend Date
• BDCV Insider Buying

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