NVDA

Noteworthy Tuesday Option Activity: MU, NVDA, WDC

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Micron Technology Inc. (Symbol: MU), where a total volume of 527,973 contracts has been traded thus far today, a contract volume which is representative of approximately 52.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 100.9% of MU's average daily trading volume over the past month, of 52.3 million shares. Particularly high volume was seen for the $60 strike call option expiring March 16, 2018 , with 22,630 contracts trading so far today, representing approximately 2.3 million underlying shares of MU. Below is a chart showing MU's trailing twelve month trading history, with the $60 strike highlighted in orange:

NVIDIA Corp (Symbol: NVDA) saw options trading volume of 146,348 contracts, representing approximately 14.6 million underlying shares or approximately 89.4% of NVDA's average daily trading volume over the past month, of 16.4 million shares. Especially high volume was seen for the $250 strike call option expiring March 16, 2018 , with 9,257 contracts trading so far today, representing approximately 925,700 underlying shares of NVDA. Below is a chart showing NVDA's trailing twelve month trading history, with the $250 strike highlighted in orange:

And Western Digital Corp (Symbol: WDC) options are showing a volume of 32,163 contracts thus far today. That number of contracts represents approximately 3.2 million underlying shares, working out to a sizeable 86.6% of WDC's average daily trading volume over the past month, of 3.7 million shares. Especially high volume was seen for the $100 strike call option expiring April 20, 2018 , with 2,594 contracts trading so far today, representing approximately 259,400 underlying shares of WDC. Below is a chart showing WDC's trailing twelve month trading history, with the $100 strike highlighted in orange:

For the various different available expirations for MU options , NVDA options , or WDC 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.

More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.