Notable Thursday Option Activity: IAC, PEGA, CMI
Stock Options Channel Staff - Thursday, January 21, 3:53 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in IAC/InterActiveCorp (IAC), where a total of 7,247 contracts have traded so far, representing approximately 724,700 underlying shares. That amounts to about 103.6% of IAC's average daily trading volume over the past month of 699,490 shares. Especially high volume was seen for the $210 strike call option expiring June 18, 2021, with 1,251 contracts trading so far today, representing approximately 125,100 underlying shares of IAC. Below is a chart showing IAC's trailing twelve month trading history, with the $210 strike highlighted in orange:
Pegasystems Inc (PEGA) options are showing a volume of 2,643 contracts thus far today. That number of contracts represents approximately 264,300 underlying shares, working out to a sizeable 97.4% of PEGA's average daily trading volume over the past month, of 271,440 shares.
Particularly high volume was seen for the $155 strike call option expiring February 19, 2021, with 1,043 contracts trading so far today, representing approximately 104,300 underlying shares of PEGA. Below is a chart showing PEGA's trailing twelve month trading history, with the $155 strike highlighted in orange:
And Cummins, Inc. (CMI) options are showing a volume of 8,935 contracts thus far today. That number of contracts represents approximately 893,500 underlying shares, working out to a sizeable 95.6% of CMI's average daily trading volume over the past month, of 934,810 shares.
Especially high volume was seen for the $250 strike put option expiring January 29, 2021, with 1,050 contracts trading so far today, representing approximately 105,000 underlying shares of CMI. Below is a chart showing CMI's trailing twelve month trading history, with the $250 strike highlighted in orange:
For the various different available expirations for IAC options, PEGA options, or CMI options, visit StockOptionsChannel.com.