Noteworthy Tuesday Option Activity: AFL, MPC, TNK

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in AFLAC Inc (Symbol: AFL), where a total volume of 12,082 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 58.1% of AFL's average daily trading volume over the past month, of 2.1 million shares. Particularly high volume was seen for the $70 strike call option expiring December 19, 2025, with 2,880 contracts trading so far today, representing approximately 288,000 underlying shares of AFL. Below is a chart showing AFL's trailing twelve month trading history, with the $70 strike highlighted in orange:

Marathon Petroleum Corp. (Symbol: MPC) saw options trading volume of 12,278 contracts, representing approximately 1.2 million underlying shares or approximately 58.1% of MPC's average daily trading volume over the past month, of 2.1 million shares. Especially high volume was seen for the $210 strike call option expiring November 21, 2025, with 3,894 contracts trading so far today, representing approximately 389,400 underlying shares of MPC. Below is a chart showing MPC's trailing twelve month trading history, with the $210 strike highlighted in orange:

And Teekay Tankers Ltd (Symbol: TNK) saw options trading volume of 2,397 contracts, representing approximately 239,700 underlying shares or approximately 56.4% of TNK's average daily trading volume over the past month, of 424,665 shares. Particularly high volume was seen for the $65 strike call option expiring November 21, 2025, with 1,367 contracts trading so far today, representing approximately 136,700 underlying shares of TNK. Below is a chart showing TNK's trailing twelve month trading history, with the $65 strike highlighted in orange:

For the various different available expirations for AFL options, MPC options, or TNK options, visit StockOptionsChannel.com.

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

Also see:

• CAI YTD Return
• T1 Energy Historical PE Ratio
• GROW Options Chain

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.