Noteworthy Friday Option Activity: TGT, WDC, IRTC
Stock Options Channel Staff - Friday, May 6, 3:29 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Target Corp (TGT), where a total of 16,182 contracts have traded so far, representing approximately 1.6 million underlying shares. That amounts to about 43.6% of TGT's average daily trading volume over the past month of 3.7 million shares. Particularly high volume was seen for the $320 strike call option expiring September 16, 2022, with 1,653 contracts trading so far today, representing approximately 165,300 underlying shares of TGT. Below is a chart showing TGT's trailing twelve month trading history, with the $320 strike highlighted in orange:
Western Digital Corp (WDC) options are showing a volume of 22,971 contracts thus far today. That number of contracts represents approximately 2.3 million underlying shares, working out to a sizeable 43.3% of WDC's average daily trading volume over the past month, of 5.3 million shares.
Particularly high volume was seen for the $50 strike put option expiring July 15, 2022, with 3,248 contracts trading so far today, representing approximately 324,800 underlying shares of WDC. Below is a chart showing WDC's trailing twelve month trading history, with the $50 strike highlighted in orange:
And iRhythm Technologies Inc (IRTC) options are showing a volume of 1,184 contracts thus far today. That number of contracts represents approximately 118,400 underlying shares, working out to a sizeable 42.7% of IRTC's average daily trading volume over the past month, of 277,495 shares.
Particularly high volume was seen for the $105 strike put option expiring May 20, 2022, with 500 contracts trading so far today, representing approximately 50,000 underlying shares of IRTC. Below is a chart showing IRTC's trailing twelve month trading history, with the $105 strike highlighted in orange:
For the various different available expirations for TGT options, WDC options, or IRTC options, visit StockOptionsChannel.com.