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Noteworthy Wednesday Option Activity: IP, MTN, MDCO

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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in International Paper Co (Symbol: IP), where a total volume of 11,235 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42.8% of IP's average daily trading volume over the past month, of 2.6 million shares. Especially high volume was seen for the $55 strike call option expiring March 16, 2018 , with 1,530 contracts trading so far today, representing approximately 153,000 underlying shares of IP. Below is a chart showing IP's trailing twelve month trading history, with the $55 strike highlighted in orange:

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Vail Resorts Inc (Symbol: MTN) options are showing a volume of 1,764 contracts thus far today. That number of contracts represents approximately 176,400 underlying shares, working out to a sizeable 41.9% of MTN's average daily trading volume over the past month, of 421,140 shares. Particularly high volume was seen for the $200 strike put option expiring March 16, 2018 , with 625 contracts trading so far today, representing approximately 62,500 underlying shares of MTN. Below is a chart showing MTN's trailing twelve month trading history, with the $200 strike highlighted in orange:

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And Medicines Co (Symbol: MDCO) saw options trading volume of 5,590 contracts, representing approximately 559,000 underlying shares or approximately 41.8% of MDCO's average daily trading volume over the past month, of 1.3 million shares. Particularly high volume was seen for the $35 strike call option expiring March 16, 2018 , with 2,890 contracts trading so far today, representing approximately 289,000 underlying shares of MDCO. Below is a chart showing MDCO's trailing twelve month trading history, with the $35 strike highlighted in orange:

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For the various different available expirations for IP options , MTN options , or MDCO 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.

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