Noteworthy Tuesday Option Activity: MRNA, LOW, ADBE
Stock Options Channel Staff - Tuesday, February 22, 1:18 PMAmong the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Moderna Inc (MRNA), where a total of 78,841 contracts have traded so far, representing approximately 7.9 million underlying shares. That amounts to about 100.2% of MRNA's average daily trading volume over the past month of 7.9 million shares. Especially high volume was seen for the $250 strike put option expiring March 18, 2022, with 7,502 contracts trading so far today, representing approximately 750,200 underlying shares of MRNA. Below is a chart showing MRNA's trailing twelve month trading history, with the $250 strike highlighted in orange:
Lowe's Companies Inc (LOW) saw options trading volume of 23,934 contracts, representing approximately 2.4 million underlying shares or approximately 77.7% of LOW's average daily trading volume over the past month, of 3.1 million shares.
Particularly high volume was seen for the $150 strike put option expiring February 25, 2022, with 1,885 contracts trading so far today, representing approximately 188,500 underlying shares of LOW. Below is a chart showing LOW's trailing twelve month trading history, with the $150 strike highlighted in orange:
And Adobe Inc (ADBE) options are showing a volume of 22,768 contracts thus far today. That number of contracts represents approximately 2.3 million underlying shares, working out to a sizeable 57.3% of ADBE's average daily trading volume over the past month, of 4.0 million shares.
Particularly high volume was seen for the $500 strike call option expiring March 04, 2022, with 1,320 contracts trading so far today, representing approximately 132,000 underlying shares of ADBE. Below is a chart showing ADBE's trailing twelve month trading history, with the $500 strike highlighted in orange:
For the various different available expirations for MRNA options, LOW options, or ADBE options, visit StockOptionsChannel.com.