Noteworthy Wednesday Option Activity: CLH, SBUX, OXM

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Clean Harbors Inc (Symbol: CLH), where a total volume of 1,086 contracts has been traded thus far today, a contract volume which is representative of approximately 108,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51.6% of CLH's average daily trading volume over the past month, of 210,430 shares. Especially high volume was seen for the $270 strike call option expiring January 17, 2025, with 380 contracts trading so far today, representing approximately 38,000 underlying shares of CLH. Below is a chart showing CLH's trailing twelve month trading history, with the $270 strike highlighted in orange:

Starbucks Corp. (Symbol: SBUX) saw options trading volume of 104,655 contracts, representing approximately 10.5 million underlying shares or approximately 51% of SBUX's average daily trading volume over the past month, of 20.5 million shares. Particularly high volume was seen for the $97 strike call option expiring September 13, 2024, with 10,048 contracts trading so far today, representing approximately 1.0 million underlying shares of SBUX. Below is a chart showing SBUX's trailing twelve month trading history, with the $97 strike highlighted in orange:

And Oxford Industries, Inc. (Symbol: OXM) options are showing a volume of 1,512 contracts thus far today. That number of contracts represents approximately 151,200 underlying shares, working out to a sizeable 50.2% of OXM's average daily trading volume over the past month, of 301,135 shares. Particularly high volume was seen for the $85 strike put option expiring September 20, 2024, with 263 contracts trading so far today, representing approximately 26,300 underlying shares of OXM. Below is a chart showing OXM's trailing twelve month trading history, with the $85 strike highlighted in orange:

For the various different available expirations for CLH options, SBUX options, or OXM options, visit StockOptionsChannel.com.

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

Also see:

• Top Ten Hedge Funds Holding EMSO
• Funds Holding XUE
• Institutional Holders of GWX

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