Noteworthy Wednesday Option Activity: BA, NTAP, GOOG

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Boeing Co. (Symbol: BA), where a total of 34,131 contracts have traded so far, representing approximately 3.4 million underlying shares. That amounts to about 64.9% of BA's average daily trading volume over the past month of 5.3 million shares. Particularly high volume was seen for the $365 strike call option expiring May 24, 2019, with 2,005 contracts trading so far today, representing approximately 200,500 underlying shares of BA. Below is a chart showing BA's trailing twelve month trading history, with the $365 strike highlighted in orange:

NetApp, Inc. (Symbol: NTAP) saw options trading volume of 15,519 contracts, representing approximately 1.6 million underlying shares or approximately 64.8% of NTAP's average daily trading volume over the past month, of 2.4 million shares. Especially high volume was seen for the $80 strike call option expiring June 21, 2019, with 3,024 contracts trading so far today, representing approximately 302,400 underlying shares of NTAP. Below is a chart showing NTAP's trailing twelve month trading history, with the $80 strike highlighted in orange:

And Alphabet Inc (Symbol: GOOG) saw options trading volume of 11,413 contracts, representing approximately 1.1 million underlying shares or approximately 62% of GOOG's average daily trading volume over the past month, of 1.8 million shares. Especially high volume was seen for the $1165 strike call option expiring May 24, 2019, with 554 contracts trading so far today, representing approximately 55,400 underlying shares of GOOG. Below is a chart showing GOOG's trailing twelve month trading history, with the $1165 strike highlighted in orange: