Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Sprint Corp (NYSE:S), where a total of 61,932 contracts have traded so far, representing approximately 6.2 million underlying shares. That amounts to about 51.5% of S's average daily trading volume over the past month of 12.0 million shares. Particularly high volume was seen for the $4 strike put option expiring February 21, 2020, with 18,889 contracts trading so far today, representing approximately 1.9 million underlying shares of S. Below is a chart showing S's trailing twelve month trading history, with the $4 strike highlighted in orange:
Microchip Technology Inc (NASDAQ:MCHP) saw options trading volume of 14,214 contracts, representing approximately 1.4 million underlying shares or approximately 51.1% of MCHP's average daily trading volume over the past month, of 2.8 million shares.
Especially high volume was seen for the $115 strike call option expiring April 17, 2020, with 3,593 contracts trading so far today, representing approximately 359,300 underlying shares of MCHP. Below is a chart showing MCHP's trailing twelve month trading history, with the $115 strike highlighted in orange:
And United States Steel Corp. (NYSE:X) options are showing a volume of 73,030 contracts thus far today. That number of contracts represents approximately 7.3 million underlying shares, working out to a sizeable 50.6% of X's average daily trading volume over the past month, of 14.4 million shares.
Especially high volume was seen for the $8 strike put option expiring July 17, 2020, with 11,287 contracts trading so far today, representing approximately 1.1 million underlying shares of X. Below is a chart showing X's trailing twelve month trading history, with the $8 strike highlighted in orange:
This Article's Word Cloud:ArialBelowMCHPStockStrikeafterLeftLabelsapproximatelyaverageaxisColorbackgroundbeforeLeftLabelsbkgImagebnkinvestbottomBufferbottomLabelsbottomTableHeightchartchartBackgroundColorclientIdcontractsdailydocumentexpiringfillBelowLinefillColorfontFacefontSizegridBackgroundColorgridColorgridLocationheighthighhighlightedhistorylabelColorlabelSideleftleftBuffermillionmonthoptionsrepresentingsharesshowingstriketodaytradingunderlyingvolumewith
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.