Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in KLA Corp (NASDAQ:KLAC), where a total volume of 6,557 contracts has been traded thus far today, a contract volume which is representative of approximately 655,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 75.5% of KLAC's average daily trading volume over the past month, of 868,565 shares. Particularly high volume was seen for the $345 strike put option expiring October 29, 2021, with 2,073 contracts trading so far today, representing approximately 207,300 underlying shares of KLAC. Below is a chart showing KLAC's trailing twelve month trading history, with the $345 strike highlighted in orange:
Cboe Global Markets Inc (AMEX:CBOE) options are showing a volume of 6,150 contracts thus far today. That number of contracts represents approximately 615,000 underlying shares, working out to a sizeable 74.3% of CBOE's average daily trading volume over the past month, of 827,290 shares.
Especially high volume was seen for the $115 strike put option expiring November 19, 2021, with 2,342 contracts trading so far today, representing approximately 234,200 underlying shares of CBOE. Below is a chart showing CBOE's trailing twelve month trading history, with the $115 strike highlighted in orange:
And Expedia Group Inc (NASDAQ:EXPE) options are showing a volume of 14,419 contracts thus far today. That number of contracts represents approximately 1.4 million underlying shares, working out to a sizeable 74% of EXPE's average daily trading volume over the past month, of 1.9 million shares.
Particularly high volume was seen for the $150 strike call option expiring October 15, 2021, with 5,183 contracts trading so far today, representing approximately 518,300 underlying shares of EXPE. Below is a chart showing EXPE's trailing twelve month trading history, with the $150 strike highlighted in orange:
This Article's Word Cloud:ArialBelowCBOEEXPEKLACStockStrikeThatafterLeftLabelsapproximatelyaverageaxisColorbackgroundbeforeLeftLabelsbkgImagebnkinvestbottomBufferbottomLabelsbottomTableHeightchartchartBackgroundColorclientIdcontractsdailydocumentexpiringfillBelowLinefillColorfontFacefontSizegridBackgroundColorgridColorgridLocationheighthighhighlightedhistorylabelColorlabelSideleftmonthoptionssharesshowingstriketodaytradingunderlyingvolumewith
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.