NVT

Noteworthy Tuesday Option Activity: NVT, GPS, NEE

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in nVent Electric PLC (Symbol: NVT), where a total volume of 4,346 contracts has been traded thus far today, a contract volume which is representative of approximately 434,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.8% of NVT's average daily trading volume over the past month, of 970,555 shares. Particularly high volume was seen for the $25 strike put option expiring May 17, 2019, with 4,000 contracts trading so far today, representing approximately 400,000 underlying shares of NVT. Below is a chart showing NVT's trailing twelve month trading history, with the $25 strike highlighted in orange:

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The Gap Inc (Symbol: GPS) saw options trading volume of 19,512 contracts, representing approximately 2.0 million underlying shares or approximately 44.7% of GPS's average daily trading volume over the past month, of 4.4 million shares. Especially high volume was seen for the $27 strike put option expiring June 21, 2019, with 16,760 contracts trading so far today, representing approximately 1.7 million underlying shares of GPS. Below is a chart showing GPS's trailing twelve month trading history, with the $27 strike highlighted in orange:

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And NextEra Energy Inc (Symbol: NEE) saw options trading volume of 8,316 contracts, representing approximately 831,600 underlying shares or approximately 44.4% of NEE's average daily trading volume over the past month, of 1.9 million shares. Especially high volume was seen for the $190 strike call option expiring June 21, 2019, with 3,044 contracts trading so far today, representing approximately 304,400 underlying shares of NEE. Below is a chart showing NEE's trailing twelve month trading history, with the $190 strike highlighted in orange:

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For the various different available expirations for NVT options, GPS options, or NEE 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.

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