Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Nucor Corp. (NYSE:NUE), where a total volume of 15,871 contracts has been traded thus far today, a contract volume which is representative of approximately 1.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.6% of NUE's average daily trading volume over the past month, of 3.3 million shares. Especially high volume was seen for the $97 strike put option expiring October 01, 2021, with 911 contracts trading so far today, representing approximately 91,100 underlying shares of NUE. Below is a chart showing NUE's trailing twelve month trading history, with the $97 strike highlighted in orange:
Autodesk Inc (NASDAQ:ADSK) saw options trading volume of 9,284 contracts, representing approximately 928,400 underlying shares or approximately 47.4% of ADSK's average daily trading volume over the past month, of 2.0 million shares.
Especially high volume was seen for the $300 strike call option expiring October 15, 2021, with 2,011 contracts trading so far today, representing approximately 201,100 underlying shares of ADSK. Below is a chart showing ADSK's trailing twelve month trading history, with the $300 strike highlighted in orange:
And CrowdStrike Holdings Inc (NASDAQ:CRWD) options are showing a volume of 19,486 contracts thus far today. That number of contracts represents approximately 1.9 million underlying shares, working out to a sizeable 45.7% of CRWD's average daily trading volume over the past month, of 4.3 million shares.
Especially high volume was seen for the $260 strike call option expiring September 24, 2021, with 1,516 contracts trading so far today, representing approximately 151,600 underlying shares of CRWD. Below is a chart showing CRWD's trailing twelve month trading history, with the $260 strike highlighted in orange:
This Article's Word Cloud:ADSKArialBelowCRWDEspeciallyStockStrikeafterLeftLabelsapproximatelyaverageaxisColorbackgroundbeforeLeftLabelsbkgImagebnkinvestbottomBufferbottomLabelsbottomTableHeightchartchartBackgroundColorclientIdcontractsdailydocumentexpiringfillBelowLinefillColorfontFacefontSizegridBackgroundColorgridColorgridLocationheighthighhighlightedhistorylabelColorlabelSidemillionmonthoptionsrepresentingsharesshowingstriketodaytradingunderlyingvolumewith
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.