|
|
Notable Wednesday Option Activity: ADT, ADNT, CAKE Stock Options Channel Staff - Wednesday, January 27, 3:29 PMLooking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in ADT Inc (ADT), where a total volume of 26,731 contracts has been traded thus far today, a contract volume which is representative of approximately 2.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 67.6% of ADT's average daily trading volume over the past month, of 4.0 million shares. Particularly high volume was seen for the $10 strike call option expiring February 19, 2021, with 5,765 contracts trading so far today, representing approximately 576,500 underlying shares of ADT. Below is a chart showing ADT's trailing twelve month trading history, with the $10 strike highlighted in orange:
Adient plc (ADNT) options are showing a volume of 4,935 contracts thus far today. That number of contracts represents approximately 493,500 underlying shares, working out to a sizeable 67.5% of ADNT's average daily trading volume over the past month, of 731,425 shares. Particularly high volume was seen for the $40 strike call option expiring July 16, 2021, with 1,001 contracts trading so far today, representing approximately 100,100 underlying shares of ADNT. Below is a chart showing ADNT's trailing twelve month trading history, with the $40 strike highlighted in orange:
And Cheesecake Factory Inc. (CAKE) options are showing a volume of 6,717 contracts thus far today. That number of contracts represents approximately 671,700 underlying shares, working out to a sizeable 66.8% of CAKE's average daily trading volume over the past month, of 1.0 million shares. Especially high volume was seen for the $55 strike call option expiring February 19, 2021, with 1,072 contracts trading so far today, representing approximately 107,200 underlying shares of CAKE. Below is a chart showing CAKE's trailing twelve month trading history, with the $55 strike highlighted in orange:
For the various different available expirations for ADT options, ADNT options, or CAKE options, visit StockOptionsChannel.com.
|