Noteworthy Thursday Option Activity: WAL, ANF, PFE

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Western Alliance Bancorporation (Symbol: WAL), where a total volume of 10,225 contracts has been traded thus far today, a contract volume which is representative of approximately 1.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 99.7% of WAL's average daily trading volume over the past month, of 1.0 million shares. Particularly high volume was seen for the $64 strike put option expiring July 19, 2024, with 4,143 contracts trading so far today, representing approximately 414,300 underlying shares of WAL. Below is a chart showing WAL's trailing twelve month trading history, with the $64 strike highlighted in orange:

Abercrombie & Fitch Co (Symbol: ANF) options are showing a volume of 12,118 contracts thus far today. That number of contracts represents approximately 1.2 million underlying shares, working out to a sizeable 82.8% of ANF's average daily trading volume over the past month, of 1.5 million shares. Especially high volume was seen for the $150 strike call option expiring August 30, 2024, with 1,428 contracts trading so far today, representing approximately 142,800 underlying shares of ANF. Below is a chart showing ANF's trailing twelve month trading history, with the $150 strike highlighted in orange:

And Pfizer Inc (Symbol: PFE) saw options trading volume of 235,859 contracts, representing approximately 23.6 million underlying shares or approximately 76.4% of PFE's average daily trading volume over the past month, of 30.9 million shares. Especially high volume was seen for the $30 strike call option expiring July 19, 2024, with 12,931 contracts trading so far today, representing approximately 1.3 million underlying shares of PFE. Below is a chart showing PFE's trailing twelve month trading history, with the $30 strike highlighted in orange:

For the various different available expirations for WAL options, ANF options, or PFE options, visit StockOptionsChannel.com.

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

Also see:

• Funds Holding YETI
• RIV Dividend Growth Rate
• Funds Holding BIO

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