Noteworthy Thursday Option Activity: MBI, BZH, BALY
Stock Options Channel Staff - Thursday, June 22, 3:22 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in MBIA Inc. (MBI), where a total of 3,730 contracts have traded so far, representing approximately 373,000 underlying shares. That amounts to about 78.6% of MBI's average daily trading volume over the past month of 474,850 shares. Particularly high volume was seen for the $10 strike call option expiring January 19, 2024, with 1,840 contracts trading so far today, representing approximately 184,000 underlying shares of MBI. Below is a chart showing MBI's trailing twelve month trading history, with the $10 strike highlighted in orange:
Beazer Homes USA, Inc. (BZH) saw options trading volume of 1,872 contracts, representing approximately 187,200 underlying shares or approximately 70.2% of BZH's average daily trading volume over the past month, of 266,785 shares.
Especially high volume was seen for the $17 strike put option expiring December 15, 2023, with 900 contracts trading so far today, representing approximately 90,000 underlying shares of BZH. Below is a chart showing BZH's trailing twelve month trading history, with the $17 strike highlighted in orange:
And Bally's Corp (BALY) options are showing a volume of 2,644 contracts thus far today. That number of contracts represents approximately 264,400 underlying shares, working out to a sizeable 67.4% of BALY's average daily trading volume over the past month, of 392,555 shares.
Particularly high volume was seen for the $25 strike call option expiring January 19, 2024, with 2,501 contracts trading so far today, representing approximately 250,100 underlying shares of BALY. Below is a chart showing BALY's trailing twelve month trading history, with the $25 strike highlighted in orange:
For the various different available expirations for MBI options, BZH options, or BALY options, visit StockOptionsChannel.com.