Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Cigna Corp (Symbol: CI), where a total volume of 26,908 contracts has been traded thus far today, a contract volume which is representative of approximately 2.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 210.3% of CI's average daily trading volume over the past month, of 1.3 million shares. Particularly high volume was seen for the $160 strike put option expiring April 20, 2018 , with 2,424 contracts trading so far today, representing approximately 242,400 underlying shares of CI. Below is a chart showing CI's trailing twelve month trading history, with the $160 strike highlighted in orange:
Express Scripts Holding Co (Symbol: ESRX) saw options trading volume of 45,005 contracts, representing approximately 4.5 million underlying shares or approximately 103.9% of ESRX's average daily trading volume over the past month, of 4.3 million shares. Especially high volume was seen for the $75 strike put option expiring January 18, 2019 , with 10,170 contracts trading so far today, representing approximately 1.0 million underlying shares of ESRX. Below is a chart showing ESRX's trailing twelve month trading history, with the $75 strike highlighted in orange:
And Ulta Beauty Inc (Symbol: ULTA) options are showing a volume of 10,245 contracts thus far today. That number of contracts represents approximately 1.0 million underlying shares, working out to a sizeable 84.2% of ULTA's average daily trading volume over the past month, of 1.2 million shares. Especially high volume was seen for the $250 strike call option expiring April 20, 2018 , with 3,130 contracts trading so far today, representing approximately 313,000 underlying shares of ULTA. Below is a chart showing ULTA's trailing twelve month trading history, with the $250 strike highlighted in orange:
For the various different available expirations for CI options , ESRX options , or ULTA options , visit StockOptionsChannel.com.
Today's Most Active Call & Put Options of the S&P 500 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
