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Noteworthy Tuesday Option Activity: ISRG, MMM, MGM

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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Intuitive Surgical Inc (Symbol: ISRG), where a total volume of 2,413 contracts has been traded thus far today, a contract volume which is representative of approximately 241,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 65.3% of ISRG's average daily trading volume over the past month, of 369,685 shares. Particularly high volume was seen for the $750 strike call option expiring March 17, 2017 , with 509 contracts trading so far today, representing approximately 50,900 underlying shares of ISRG. Below is a chart showing ISRG's trailing twelve month trading history, with the $750 strike highlighted in orange:

Loading+chart++2017+TickerTech.com

3M Co (Symbol: MMM) options are showing a volume of 13,054 contracts thus far today. That number of contracts represents approximately 1.3 million underlying shares, working out to a sizeable 62.8% of MMM's average daily trading volume over the past month, of 2.1 million shares. Particularly high volume was seen for the $180 strike call option expiring February 17, 2017 , with 3,935 contracts trading so far today, representing approximately 393,500 underlying shares of MMM. Below is a chart showing MMM's trailing twelve month trading history, with the $180 strike highlighted in orange:

Loading+chart++2017+TickerTech.com

And MGM Resorts International (Symbol: MGM) options are showing a volume of 34,728 contracts thus far today. That number of contracts represents approximately 3.5 million underlying shares, working out to a sizeable 61.3% of MGM's average daily trading volume over the past month, of 5.7 million shares. Particularly high volume was seen for the $29 strike call option expiring February 17, 2017 , with 6,159 contracts trading so far today, representing approximately 615,900 underlying shares of MGM. Below is a chart showing MGM's trailing twelve month trading history, with the $29 strike highlighted in orange:

Loading+chart++2017+TickerTech.com

For the various different available expirations for ISRG options , MMM options , or MGM options , visit StockOptionsChannel.com.

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

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


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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