Notable Thursday Option Activity: META, DFS, LRCX
Stock Options Channel Staff - Thursday, June 16, 1:19 PMAmong the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Meta Platforms Inc (META), where a total of 301,637 contracts have traded so far, representing approximately 30.2 million underlying shares. That amounts to about 108.8% of META's average daily trading volume over the past month of 27.7 million shares. Especially high volume was seen for the $160 strike put option expiring June 17, 2022, with 13,935 contracts trading so far today, representing approximately 1.4 million underlying shares of META. Below is a chart showing META's trailing twelve month trading history, with the $160 strike highlighted in orange:
Discover Financial Services (DFS) saw options trading volume of 17,304 contracts, representing approximately 1.7 million underlying shares or approximately 87.6% of DFS's average daily trading volume over the past month, of 2.0 million shares.
Especially high volume was seen for the $85 strike put option expiring July 15, 2022, with 4,401 contracts trading so far today, representing approximately 440,100 underlying shares of DFS. Below is a chart showing DFS's trailing twelve month trading history, with the $85 strike highlighted in orange:
And Lam Research Corp (LRCX) saw options trading volume of 8,525 contracts, representing approximately 852,500 underlying shares or approximately 68.7% of LRCX's average daily trading volume over the past month, of 1.2 million shares.
Especially high volume was seen for the $430 strike put option expiring June 17, 2022, with 817 contracts trading so far today, representing approximately 81,700 underlying shares of LRCX. Below is a chart showing LRCX's trailing twelve month trading history, with the $430 strike highlighted in orange:
For the various different available expirations for META options, DFS options, or LRCX options, visit StockOptionsChannel.com.