Markets

Noteworthy Thursday Option Activity: MPC, BIIB, HUM

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Marathon Petroleum Corp. (Symbol: MPC), where a total volume of 35,867 contracts has been traded thus far today, a contract volume which is representative of approximately 3.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 77.4% of MPC's average daily trading volume over the past month, of 4.6 million shares. Particularly high volume was seen for the $50 strike call option expiring April 21, 2017 , with 10,028 contracts trading so far today, representing approximately 1.0 million underlying shares of MPC. Below is a chart showing MPC's trailing twelve month trading history, with the $50 strike highlighted in orange:

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Biogen Inc (Symbol: BIIB) options are showing a volume of 10,399 contracts thus far today. That number of contracts represents approximately 1.0 million underlying shares, working out to a sizeable 73.1% of BIIB's average daily trading volume over the past month, of 1.4 million shares. Particularly high volume was seen for the $270 strike put option expiring March 17, 2017 , with 783 contracts trading so far today, representing approximately 78,300 underlying shares of BIIB. Below is a chart showing BIIB's trailing twelve month trading history, with the $270 strike highlighted in orange:

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And Humana Inc. (Symbol: HUM) saw options trading volume of 8,232 contracts, representing approximately 823,200 underlying shares or approximately 49% of HUM's average daily trading volume over the past month, of 1.7 million shares. Especially high volume was seen for the $210 strike put option expiring April 21, 2017 , with 6,410 contracts trading so far today, representing approximately 641,000 underlying shares of HUM. Below is a chart showing HUM's trailing twelve month trading history, with the $210 strike highlighted in orange:

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For the various different available expirations for MPC options , BIIB options , or HUM 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.

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