Noteworthy Thursday Option Activity: BA, NTAP, HRL

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Boeing Co. (Symbol: BA), where a total volume of 76,652 contracts has been traded thus far today, a contract volume which is representative of approximately 7.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 105.5% of BA's average daily trading volume over the past month, of 7.3 million shares. Especially high volume was seen for the $210 strike call option expiring March 01, 2024, with 7,482 contracts trading so far today, representing approximately 748,200 underlying shares of BA. Below is a chart showing BA's trailing twelve month trading history, with the $210 strike highlighted in orange:

NetApp, Inc. (Symbol: NTAP) saw options trading volume of 10,724 contracts, representing approximately 1.1 million underlying shares or approximately 77.2% of NTAP's average daily trading volume over the past month, of 1.4 million shares. Especially high volume was seen for the $95 strike call option expiring March 15, 2024, with 534 contracts trading so far today, representing approximately 53,400 underlying shares of NTAP. Below is a chart showing NTAP's trailing twelve month trading history, with the $95 strike highlighted in orange:

And Hormel Foods Corp. (Symbol: HRL) saw options trading volume of 24,281 contracts, representing approximately 2.4 million underlying shares or approximately 67.3% of HRL's average daily trading volume over the past month, of 3.6 million shares. Especially high volume was seen for the $32 strike call option expiring March 15, 2024, with 5,522 contracts trading so far today, representing approximately 552,200 underlying shares of HRL. Below is a chart showing HRL's trailing twelve month trading history, with the $32 strike highlighted in orange:

For the various different available expirations for BA options, NTAP options, or HRL options, visit StockOptionsChannel.com.

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

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