Noteworthy Thursday Option Activity: AVGO, LNC, AAP

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Broadcom Inc (Symbol: AVGO), where a total of 82,892 contracts have traded so far, representing approximately 8.3 million underlying shares. That amounts to about 310.4% of AVGO's average daily trading volume over the past month of 2.7 million shares. Particularly high volume was seen for the $1300 strike call option expiring February 09, 2024, with 7,991 contracts trading so far today, representing approximately 799,100 underlying shares of AVGO. Below is a chart showing AVGO's trailing twelve month trading history, with the $1300 strike highlighted in orange:

{{ InlineImage1 }}

Lincoln National Corp. (Symbol: LNC) saw options trading volume of 40,102 contracts, representing approximately 4.0 million underlying shares or approximately 233.1% of LNC's average daily trading volume over the past month, of 1.7 million shares. Particularly high volume was seen for the $17.50 strike put option expiring June 21, 2024, with 17,716 contracts trading so far today, representing approximately 1.8 million underlying shares of LNC. Below is a chart showing LNC's trailing twelve month trading history, with the $17.50 strike highlighted in orange:

{{ InlineImage2 }}

And Advance Auto Parts Inc (Symbol: AAP) options are showing a volume of 28,766 contracts thus far today. That number of contracts represents approximately 2.9 million underlying shares, working out to a sizeable 220.5% of AAP's average daily trading volume over the past month, of 1.3 million shares. Especially high volume was seen for the $42.50 strike put option expiring March 15, 2024, with 8,807 contracts trading so far today, representing approximately 880,700 underlying shares of AAP. Below is a chart showing AAP's trailing twelve month trading history, with the $42.50 strike highlighted in orange:

{{ InlineImage3 }}

For the various different available expirations for AVGO options, LNC options, or AAP options, visit StockOptionsChannel.com.

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

Also see: