Notable Thursday Option Activity: WHR, ALGN, LLY
Stock Options Channel Staff - Thursday, June 24, 1:30 PMAmong the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Whirlpool Corp (WHR), where a total of 5,800 contracts have traded so far, representing approximately 580,000 underlying shares. That amounts to about 96.2% of WHR's average daily trading volume over the past month of 603,190 shares. Particularly high volume was seen for the $212.50 strike put option expiring July 02, 2021, with 654 contracts trading so far today, representing approximately 65,400 underlying shares of WHR. Below is a chart showing WHR's trailing twelve month trading history, with the $212.50 strike highlighted in orange:
Align Technology Inc (ALGN) options are showing a volume of 4,602 contracts thus far today. That number of contracts represents approximately 460,200 underlying shares, working out to a sizeable 88.8% of ALGN's average daily trading volume over the past month, of 517,970 shares.
Particularly high volume was seen for the $550 strike put option expiring July 16, 2021, with 1,672 contracts trading so far today, representing approximately 167,200 underlying shares of ALGN. Below is a chart showing ALGN's trailing twelve month trading history, with the $550 strike highlighted in orange:
And Eli Lilly (LLY) saw options trading volume of 33,893 contracts, representing approximately 3.4 million underlying shares or approximately 80% of LLY's average daily trading volume over the past month, of 4.2 million shares.
Particularly high volume was seen for the $240 strike call option expiring June 25, 2021, with 3,464 contracts trading so far today, representing approximately 346,400 underlying shares of LLY. Below is a chart showing LLY's trailing twelve month trading history, with the $240 strike highlighted in orange:
For the various different available expirations for WHR options, ALGN options, or LLY options, visit StockOptionsChannel.com.