Noteworthy Wednesday Option Activity: GD, BMY, CERN

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in General Dynamics Corp (Symbol: GD), where a total of 7,165 contracts have traded so far, representing approximately 716,500 underlying shares. That amounts to about 44.3% of GD's average daily trading volume over the past month of 1.6 million shares. Especially high volume was seen for the $185 strike put option expiring September 21, 2018 , with 5,017 contracts trading so far today, representing approximately 501,700 underlying shares of GD. Below is a chart showing GD's trailing twelve month trading history, with the $185 strike highlighted in orange:

Bristol-Myers Squibb Co. (Symbol: BMY) options are showing a volume of 26,514 contracts thus far today. That number of contracts represents approximately 2.7 million underlying shares, working out to a sizeable 43.5% of BMY's average daily trading volume over the past month, of 6.1 million shares. Particularly high volume was seen for the $57.50 strike put option expiring September 21, 2018 , with 5,120 contracts trading so far today, representing approximately 512,000 underlying shares of BMY. Below is a chart showing BMY's trailing twelve month trading history, with the $57.50 strike highlighted in orange:

And Cerner Corp. (Symbol: CERN) options are showing a volume of 6,506 contracts thus far today. That number of contracts represents approximately 650,600 underlying shares, working out to a sizeable 43.3% of CERN's average daily trading volume over the past month, of 1.5 million shares. Especially high volume was seen for the $67.50 strike call option expiring December 21, 2018 , with 5,196 contracts trading so far today, representing approximately 519,600 underlying shares of CERN. Below is a chart showing CERN's trailing twelve month trading history, with the $67.50 strike highlighted in orange:

For the various different available expirations for GD options , BMY options , or CERN 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.