Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in United Continental Holdings Inc (Symbol: UAL), where a total volume of 10,845 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.2% of UAL's average daily trading volume over the past month, of 2.3 million shares. Particularly high volume was seen for the $80 strike put option expiring January 17, 2020, with 2,520 contracts trading so far today, representing approximately 252,000 underlying shares of UAL. Below is a chart showing UAL's trailing twelve month trading history, with the $80 strike highlighted in orange:
Gilead Sciences Inc (Symbol: GILD) saw options trading volume of 29,861 contracts, representing approximately 3.0 million underlying shares or approximately 47.5% of GILD's average daily trading volume over the past month, of 6.3 million shares. Especially high volume was seen for the $62.50 strike put option expiring June 21, 2019, with 3,143 contracts trading so far today, representing approximately 314,300 underlying shares of GILD. Below is a chart showing GILD's trailing twelve month trading history, with the $62.50 strike highlighted in orange:
And Helmerich & Payne, Inc. (Symbol: HP) saw options trading volume of 4,945 contracts, representing approximately 494,500 underlying shares or approximately 46.7% of HP's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $50 strike put option expiring July 19, 2019, with 4,177 contracts trading so far today, representing approximately 417,700 underlying shares of HP. Below is a chart showing HP's trailing twelve month trading history, with the $50 strike highlighted in orange:
For the various different available expirations for UAL options, GILD options, or HP options, visit StockOptionsChannel.com.
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