Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Skyworks Solutions Inc (NASDAQ:SWKS), where a total volume of 11,490 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 71.7% of SWKS's average daily trading volume over the past month, of 1.6 million shares. Particularly high volume was seen for the $180 strike put option expiring July 23, 2021, with 1,150 contracts trading so far today, representing approximately 115,000 underlying shares of SWKS. Below is a chart showing SWKS's trailing twelve month trading history, with the $180 strike highlighted in orange:
Forte Biosciences Inc (NASDAQ:FBRX) options are showing a volume of 1,798 contracts thus far today. That number of contracts represents approximately 179,800 underlying shares, working out to a sizeable 70.5% of FBRX's average daily trading volume over the past month, of 255,110 shares.
Particularly high volume was seen for the $30 strike put option expiring August 20, 2021, with 645 contracts trading so far today, representing approximately 64,500 underlying shares of FBRX. Below is a chart showing FBRX's trailing twelve month trading history, with the $30 strike highlighted in orange:
And MDU Resources Group Inc (NYSE:MDU) saw options trading volume of 8,218 contracts, representing approximately 821,800 underlying shares or approximately 70.3% of MDU's average daily trading volume over the past month, of 1.2 million shares.
Especially high volume was seen for the $30 strike call option expiring July 16, 2021, with 4,035 contracts trading so far today, representing approximately 403,500 underlying shares of MDU. Below is a chart showing MDU's trailing twelve month trading history, with the $30 strike highlighted in orange:
This Article's Word Cloud:ArialBelowFBRXSWKSStockStrikeafterLeftLabelsapproximatelyaverageaxisColorbackgroundbeforeLeftLabelsbkgImagebnkinvestbottomBufferbottomLabelsbottomTableHeightchartchartBackgroundColorclientIdcontractsdailydocumentexpiringfillBelowLinefillColorfontFacefontSizegridBackgroundColorgridColorgridLocationheighthighhighlightedhistorylabelColorlabelSideleftleftBuffermonthoptionsrepresentingsharesshowingstriketodaytradingunderlyingvolumewith
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.