Noteworthy Tuesday Option Activity: NUE, AMAT, PINS
Stock Options Channel Staff - Tuesday, July 6, 3:37 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Nucor Corp. (NUE), where a total of 14,629 contracts have traded so far, representing approximately 1.5 million underlying shares. That amounts to about 47.8% of NUE's average daily trading volume over the past month of 3.1 million shares. Particularly high volume was seen for the $91 strike put option expiring July 09, 2021, with 765 contracts trading so far today, representing approximately 76,500 underlying shares of NUE. Below is a chart showing NUE's trailing twelve month trading history, with the $91 strike highlighted in orange:
Applied Materials, Inc. (AMAT) saw options trading volume of 32,558 contracts, representing approximately 3.3 million underlying shares or approximately 47.5% of AMAT's average daily trading volume over the past month, of 6.9 million shares.
Especially high volume was seen for the $135 strike call option expiring August 20, 2021, with 2,334 contracts trading so far today, representing approximately 233,400 underlying shares of AMAT. Below is a chart showing AMAT's trailing twelve month trading history, with the $135 strike highlighted in orange:
And Pinterest Inc (PINS) options are showing a volume of 45,733 contracts thus far today. That number of contracts represents approximately 4.6 million underlying shares, working out to a sizeable 46.7% of PINS's average daily trading volume over the past month, of 9.8 million shares.
Especially high volume was seen for the $85 strike call option expiring July 09, 2021, with 2,994 contracts trading so far today, representing approximately 299,400 underlying shares of PINS. Below is a chart showing PINS's trailing twelve month trading history, with the $85 strike highlighted in orange:
For the various different available expirations for NUE options, AMAT options, or PINS options, visit StockOptionsChannel.com.