Notable Friday Option Activity: SAM, CLF, NET
Stock Options Channel Staff - Friday, May 14, 3:33 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Boston Beer Co Inc (SAM), where a total of 634 contracts have traded so far, representing approximately 63,400 underlying shares. That amounts to about 42.4% of SAM's average daily trading volume over the past month of 149,455 shares. Particularly high volume was seen for the $1000 strike put option expiring May 21, 2021, with 50 contracts trading so far today, representing approximately 5,000 underlying shares of SAM. Below is a chart showing SAM's trailing twelve month trading history, with the $1000 strike highlighted in orange:
Cleveland-Cliffs Inc (CLF) options are showing a volume of 102,002 contracts thus far today. That number of contracts represents approximately 10.2 million underlying shares, working out to a sizeable 41.7% of CLF's average daily trading volume over the past month, of 24.4 million shares.
Especially high volume was seen for the $19.50 strike call option expiring May 14, 2021, with 7,127 contracts trading so far today, representing approximately 712,700 underlying shares of CLF. Below is a chart showing CLF's trailing twelve month trading history, with the $19.50 strike highlighted in orange:
And CloudFlare Inc (NET) saw options trading volume of 19,982 contracts, representing approximately 2.0 million underlying shares or approximately 41.6% of NET's average daily trading volume over the past month, of 4.8 million shares.
Particularly high volume was seen for the $65 strike put option expiring May 21, 2021, with 1,408 contracts trading so far today, representing approximately 140,800 underlying shares of NET. Below is a chart showing NET's trailing twelve month trading history, with the $65 strike highlighted in orange:
For the various different available expirations for SAM options, CLF options, or NET options, visit StockOptionsChannel.com.