Noteworthy Tuesday Option Activity: HES, RH, MGPI

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Hess Corp (Symbol: HES), where a total of 7,740 contracts have traded so far, representing approximately 774,000 underlying shares. That amounts to about 43.8% of HES's average daily trading volume over the past month of 1.8 million shares. Especially high volume was seen for the $125 strike put option expiring October 18, 2024, with 2,523 contracts trading so far today, representing approximately 252,300 underlying shares of HES. Below is a chart showing HES's trailing twelve month trading history, with the $125 strike highlighted in orange:

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RH (Symbol: RH) options are showing a volume of 4,556 contracts thus far today. That number of contracts represents approximately 455,600 underlying shares, working out to a sizeable 43.3% of RH's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $300 strike put option expiring November 15, 2024, with 318 contracts trading so far today, representing approximately 31,800 underlying shares of RH. Below is a chart showing RH's trailing twelve month trading history, with the $300 strike highlighted in orange:

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And MGP Ingredients Inc (Symbol: MGPI) saw options trading volume of 953 contracts, representing approximately 95,300 underlying shares or approximately 43.3% of MGPI's average daily trading volume over the past month, of 220,245 shares. Particularly high volume was seen for the $85 strike put option expiring October 18, 2024, with 952 contracts trading so far today, representing approximately 95,200 underlying shares of MGPI. Below is a chart showing MGPI's trailing twelve month trading history, with the $85 strike highlighted in orange:

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For the various different available expirations for HES options, RH options, or MGPI options, visit StockOptionsChannel.com.

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

Also see:
• Closed End Funds List
• JNVR Historical Stock Prices
• TFII Videos

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

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