Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Universal Display Corp (NASDAQ:OLED), where a total volume of 2,689 contracts has been traded thus far today, a contract volume which is representative of approximately 268,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 88% of OLED's average daily trading volume over the past month, of 305,600 shares. Particularly high volume was seen for the $170 strike call option expiring January 15, 2021, with 210 contracts trading so far today, representing approximately 21,000 underlying shares of OLED. Below is a chart showing OLED's trailing twelve month trading history, with the $170 strike highlighted in orange:
First Solar Inc (NASDAQ:FSLR) options are showing a volume of 38,988 contracts thus far today. That number of contracts represents approximately 3.9 million underlying shares, working out to a sizeable 86.5% of FSLR's average daily trading volume over the past month, of 4.5 million shares.
Especially high volume was seen for the $90 strike call option expiring November 13, 2020, with 14,158 contracts trading so far today, representing approximately 1.4 million underlying shares of FSLR. Below is a chart showing FSLR's trailing twelve month trading history, with the $90 strike highlighted in orange:
And Boston Beer Co Inc (NYSE:SAM) saw options trading volume of 1,161 contracts, representing approximately 116,100 underlying shares or approximately 85.6% of SAM's average daily trading volume over the past month, of 135,695 shares.
Especially high volume was seen for the $850 strike put option expiring November 20, 2020, with 42 contracts trading so far today, representing approximately 4,200 underlying shares of SAM. Below is a chart showing SAM's trailing twelve month trading history, with the $850 strike highlighted in orange:
This Article's Word Cloud:ArialBelowFSLROLEDStockStrikeafterLeftLabelsapproximatelyaverageaxisColorbackgroundbeforeLeftLabelsbkgImagebnkinvestbottomBufferbottomLabelsbottomTableHeightchartchartBackgroundColorclientIdcontractsdailydocumentexpiringfillBelowLinefillColorfontFacefontSizegridBackgroundColorgridColorgridLocationheighthighhighlightedhistorylabelColorlabelSideleftleftBuffermonthoptionsrepresentingsharesshowingstriketodaytradingunderlyingvolumewith
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.