Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Advance Auto Parts Inc (NYSE:AAP), where a total of 21,579 contracts have traded so far, representing approximately 2.2 million underlying shares. That amounts to about 231.7% of AAP's average daily trading volume over the past month of 931,395 shares. Especially high volume was seen for the $140 strike call option expiring January 15, 2021, with 13,131 contracts trading so far today, representing approximately 1.3 million underlying shares of AAP. Below is a chart showing AAP's trailing twelve month trading history, with the $140 strike highlighted in orange:
Biogen Inc (NASDAQ:BIIB) options are showing a volume of 34,567 contracts thus far today. That number of contracts represents approximately 3.5 million underlying shares, working out to a sizeable 158.1% of BIIB's average daily trading volume over the past month, of 2.2 million shares.
Especially high volume was seen for the $260 strike put option expiring August 21, 2020, with 4,288 contracts trading so far today, representing approximately 428,800 underlying shares of BIIB. Below is a chart showing BIIB's trailing twelve month trading history, with the $260 strike highlighted in orange:
And Costco Wholesale Corp (NASDAQ:COST) saw options trading volume of 22,711 contracts, representing approximately 2.3 million underlying shares or approximately 85.5% of COST's average daily trading volume over the past month, of 2.7 million shares.
Especially high volume was seen for the $320 strike call option expiring July 10, 2020, with 1,261 contracts trading so far today, representing approximately 126,100 underlying shares of COST. Below is a chart showing COST's trailing twelve month trading history, with the $320 strike highlighted in orange:
This Article's Word Cloud:ArialBIIBBelowCOSTEspeciallyStockStrikeafterLeftLabelsapproximatelyaverageaxisColorbackgroundbeforeLeftLabelsbkgImagebnkinvestbottomBufferbottomLabelsbottomTableHeightchartchartBackgroundColorclientIdcontractsdailydocumentexpiringfillBelowLinefillColorfontFacefontSizegridBackgroundColorgridColorgridLocationheighthighhighlightedhistorylabelColorlabelSidemillionmonthoptionsrepresentingsharesshowingstriketodaytradingunderlyingvolumewith
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.