Noteworthy Wednesday Option Activity: ISRG, JNJ, STX

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Intuitive Surgical Inc (Symbol: ISRG), where a total volume of 3,030 contracts has been traded thus far today, a contract volume which is representative of approximately 303,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42.2% of ISRG's average daily trading volume over the past month, of 717,445 shares. Particularly high volume was seen for the $430 strike put option expiring July 19, 2019, with 421 contracts trading so far today, representing approximately 42,100 underlying shares of ISRG. Below is a chart showing ISRG's trailing twelve month trading history, with the $430 strike highlighted in orange:

Johnson & Johnson (Symbol: JNJ) options are showing a volume of 34,442 contracts thus far today. That number of contracts represents approximately 3.4 million underlying shares, working out to a sizeable 42.1% of JNJ's average daily trading volume over the past month, of 8.2 million shares. Especially high volume was seen for the $139 strike put option expiring June 28, 2019, with 4,284 contracts trading so far today, representing approximately 428,400 underlying shares of JNJ. Below is a chart showing JNJ's trailing twelve month trading history, with the $139 strike highlighted in orange:

And Seagate Technology plc (Symbol: STX) options are showing a volume of 11,601 contracts thus far today. That number of contracts represents approximately 1.2 million underlying shares, working out to a sizeable 41.7% of STX's average daily trading volume over the past month, of 2.8 million shares. Especially high volume was seen for the $45 strike put option expiring September 20, 2019, with 2,711 contracts trading so far today, representing approximately 271,100 underlying shares of STX. Below is a chart showing STX's trailing twelve month trading history, with the $45 strike highlighted in orange:

For the various different available expirations for ISRG options, JNJ options, or STX 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.

In This Story

ISRG JNJ STX

Other Topics

Stocks Options