Notable Tuesday Option Activity: QCOM, LOW, ZBRA
Stock Options Channel Staff - Tuesday, October 19, 2:09 PMAmong the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Qualcomm Inc (QCOM), where a total of 41,565 contracts have traded so far, representing approximately 4.2 million underlying shares. That amounts to about 55.5% of QCOM's average daily trading volume over the past month of 7.5 million shares. Especially high volume was seen for the $170 strike call option expiring November 19, 2021, with 2,319 contracts trading so far today, representing approximately 231,900 underlying shares of QCOM. Below is a chart showing QCOM's trailing twelve month trading history, with the $170 strike highlighted in orange:
Lowe's Companies Inc (LOW) saw options trading volume of 17,333 contracts, representing approximately 1.7 million underlying shares or approximately 54.4% of LOW's average daily trading volume over the past month, of 3.2 million shares.
Especially high volume was seen for the $205 strike call option expiring October 22, 2021, with 2,107 contracts trading so far today, representing approximately 210,700 underlying shares of LOW. Below is a chart showing LOW's trailing twelve month trading history, with the $205 strike highlighted in orange:
And Zebra Technologies Corp. (ZBRA) options are showing a volume of 1,439 contracts thus far today. That number of contracts represents approximately 143,900 underlying shares, working out to a sizeable 51.8% of ZBRA's average daily trading volume over the past month, of 278,005 shares.
Particularly high volume was seen for the $640 strike call option expiring November 19, 2021, with 285 contracts trading so far today, representing approximately 28,500 underlying shares of ZBRA. Below is a chart showing ZBRA's trailing twelve month trading history, with the $640 strike highlighted in orange:
For the various different available expirations for QCOM options, LOW options, or ZBRA options, visit StockOptionsChannel.com.