Noteworthy Thursday Option Activity: UNP, MU, TSN
Stock Options Channel Staff - Thursday, July 8, 1:22 PMAmong the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Union Pacific Corp (UNP), where a total of 19,442 contracts have traded so far, representing approximately 1.9 million underlying shares. That amounts to about 72.7% of UNP's average daily trading volume over the past month of 2.7 million shares. Particularly high volume was seen for the $200 strike put option expiring August 20, 2021, with 10,103 contracts trading so far today, representing approximately 1.0 million underlying shares of UNP. Below is a chart showing UNP's trailing twelve month trading history, with the $200 strike highlighted in orange:
Micron Technology Inc. (MU) saw options trading volume of 159,622 contracts, representing approximately 16.0 million underlying shares or approximately 70.4% of MU's average daily trading volume over the past month, of 22.7 million shares.
Especially high volume was seen for the $73 strike put option expiring July 16, 2021, with 11,295 contracts trading so far today, representing approximately 1.1 million underlying shares of MU. Below is a chart showing MU's trailing twelve month trading history, with the $73 strike highlighted in orange:
And Tyson Foods Inc (TSN) options are showing a volume of 9,329 contracts thus far today. That number of contracts represents approximately 932,900 underlying shares, working out to a sizeable 58.2% of TSN's average daily trading volume over the past month, of 1.6 million shares.
Especially high volume was seen for the $72.50 strike put option expiring July 23, 2021, with 3,373 contracts trading so far today, representing approximately 337,300 underlying shares of TSN. Below is a chart showing TSN's trailing twelve month trading history, with the $72.50 strike highlighted in orange:
For the various different available expirations for UNP options, MU options, or TSN options, visit StockOptionsChannel.com.