|
|
Noteworthy Friday Option Activity: FDX, COF, UNP Stock Options Channel Staff - Friday, August 6, 1:18 PMLooking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in FedEx Corp (FDX), where a total volume of 16,247 contracts has been traded thus far today, a contract volume which is representative of approximately 1.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 81.2% of FDX's average daily trading volume over the past month, of 2.0 million shares. Especially high volume was seen for the $280 strike call option expiring August 06, 2021, with 1,091 contracts trading so far today, representing approximately 109,100 underlying shares of FDX. Below is a chart showing FDX's trailing twelve month trading history, with the $280 strike highlighted in orange:
Capital One Financial Corp (COF) options are showing a volume of 23,650 contracts thus far today. That number of contracts represents approximately 2.4 million underlying shares, working out to a sizeable 80.5% of COF's average daily trading volume over the past month, of 2.9 million shares. Particularly high volume was seen for the $65 strike call option expiring January 21, 2022, with 2,395 contracts trading so far today, representing approximately 239,500 underlying shares of COF. Below is a chart showing COF's trailing twelve month trading history, with the $65 strike highlighted in orange:
And Union Pacific Corp (UNP) saw options trading volume of 23,195 contracts, representing approximately 2.3 million underlying shares or approximately 78.2% of UNP's average daily trading volume over the past month, of 3.0 million shares. Especially high volume was seen for the $220 strike put option expiring August 20, 2021, with 9,763 contracts trading so far today, representing approximately 976,300 underlying shares of UNP. Below is a chart showing UNP's trailing twelve month trading history, with the $220 strike highlighted in orange:
For the various different available expirations for FDX options, COF options, or UNP options, visit StockOptionsChannel.com.
|