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Noteworthy Friday Option Activity: FCX, USX, PFGC Stock Options Channel Staff - Friday, April 23, 3:27 PMLooking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Freeport-McMoran Copper & Gold (FCX), where a total volume of 99,144 contracts has been traded thus far today, a contract volume which is representative of approximately 9.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.8% of FCX's average daily trading volume over the past month, of 20.7 million shares. Particularly high volume was seen for the $38 strike call option expiring May 21, 2021, with 7,579 contracts trading so far today, representing approximately 757,900 underlying shares of FCX. Below is a chart showing FCX's trailing twelve month trading history, with the $38 strike highlighted in orange:
US Xpress Enterprises Inc (USX) options are showing a volume of 1,411 contracts thus far today. That number of contracts represents approximately 141,100 underlying shares, working out to a sizeable 47.4% of USX's average daily trading volume over the past month, of 297,420 shares. Especially high volume was seen for the $7.50 strike call option expiring May 21, 2021, with 500 contracts trading so far today, representing approximately 50,000 underlying shares of USX. Below is a chart showing USX's trailing twelve month trading history, with the $7.50 strike highlighted in orange:
And Performance Food Group Co (PFGC) options are showing a volume of 3,888 contracts thus far today. That number of contracts represents approximately 388,800 underlying shares, working out to a sizeable 45.9% of PFGC's average daily trading volume over the past month, of 847,830 shares. Particularly high volume was seen for the $50 strike put option expiring May 21, 2021, with 3,801 contracts trading so far today, representing approximately 380,100 underlying shares of PFGC. Below is a chart showing PFGC's trailing twelve month trading history, with the $50 strike highlighted in orange:
For the various different available expirations for FCX options, USX options, or PFGC options, visit StockOptionsChannel.com.
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