BAC

Noteworthy Wednesday Option Activity: GLNG, BAC, LNG

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Golar LNG Ltd (Symbol: GLNG), where a total volume of 5,645 contracts has been traded thus far today, a contract volume which is representative of approximately 564,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 40.9% of GLNG's average daily trading volume over the past month, of 1.4 million shares. Particularly high volume was seen for the $22.50 strike call option expiring July 21, 2017 , with 2,679 contracts trading so far today, representing approximately 267,900 underlying shares of GLNG. Below is a chart showing GLNG's trailing twelve month trading history, with the $22.50 strike highlighted in orange:

Bank of America Corp. (Symbol: BAC) options are showing a volume of 308,678 contracts thus far today. That number of contracts represents approximately 30.9 million underlying shares, working out to a sizeable 40.3% of BAC's average daily trading volume over the past month, of 76.6 million shares. Especially high volume was seen for the $23 strike call option expiring June 16, 2017 , with 67,200 contracts trading so far today, representing approximately 6.7 million underlying shares of BAC. Below is a chart showing BAC's trailing twelve month trading history, with the $23 strike highlighted in orange:

And Cheniere Energy Inc. (Symbol: LNG) options are showing a volume of 8,665 contracts thus far today. That number of contracts represents approximately 866,500 underlying shares, working out to a sizeable 40.1% of LNG's average daily trading volume over the past month, of 2.2 million shares. Especially high volume was seen for the $55 strike call option expiring July 21, 2017 , with 2,681 contracts trading so far today, representing approximately 268,100 underlying shares of LNG. Below is a chart showing LNG's trailing twelve month trading history, with the $55 strike highlighted in orange:

For the various different available expirations for GLNG options , BAC options , or LNG 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

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.