Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Square Inc (NYSE:SQ), where a total volume of 50,109 contracts has been traded thus far today, a contract volume which is representative of approximately 5.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 62.5% of SQ's average daily trading volume over the past month, of 8.0 million shares. Especially high volume was seen for the $72 strike call option expiring June 21, 2019, with 1,966 contracts trading so far today, representing approximately 196,600 underlying shares of SQ. Below is a chart showing SQ's trailing twelve month trading history, with the $72 strike highlighted in orange:
Gaming & Leisure Properties, Inc (NASDAQ:GLPI) options are showing a volume of 5,258 contracts thus far today. That number of contracts represents approximately 525,800 underlying shares, working out to a sizeable 60.7% of GLPI's average daily trading volume over the past month, of 866,465 shares.
Especially high volume was seen for the $40 strike call option expiring July 19, 2019, with 2,267 contracts trading so far today, representing approximately 226,700 underlying shares of GLPI. Below is a chart showing GLPI's trailing twelve month trading history, with the $40 strike highlighted in orange:
And Whirlpool Corp (NYSE:WHR) saw options trading volume of 3,954 contracts, representing approximately 395,400 underlying shares or approximately 60% of WHR's average daily trading volume over the past month, of 659,025 shares.
Particularly high volume was seen for the $115 strike put option expiring June 21, 2019, with 767 contracts trading so far today, representing approximately 76,700 underlying shares of WHR. Below is a chart showing WHR's trailing twelve month trading history, with the $115 strike highlighted in orange:
This Article's Word Cloud:ArialBelowGLPIStockStrikeafterLeftLabelsapproximatelyaverageaxisColorbackgroundbeforeLeftLabelsbkgImagebnkinvestbottomBufferbottomLabelsbottomTableHeightchartchartBackgroundColorclientIdcontractsdailydocumentexpiringfillBelowLinefillColorfontFacefontSizegridBackgroundColorgridColorgridLocationheighthighhighlightedhistorylabelColorlabelSideleftleftBufferleftLabelsEverymonthoptionsrepresentingsharesshowingstriketodaytradingunderlyingvolumewith
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.