Notable Friday Option Activity: MGM, SLB, WDFC
Stock Options Channel Staff - Friday, July 21, 3:28 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in MGM Resorts International (MGM), where a total of 17,171 contracts have traded so far, representing approximately 1.7 million underlying shares. That amounts to about 42.5% of MGM's average daily trading volume over the past month of 4.0 million shares. Especially high volume was seen for the $44 strike call option expiring September 15, 2023, with 5,063 contracts trading so far today, representing approximately 506,300 underlying shares of MGM. Below is a chart showing MGM's trailing twelve month trading history, with the $44 strike highlighted in orange:
Schlumberger Ltd (SLB) saw options trading volume of 51,017 contracts, representing approximately 5.1 million underlying shares or approximately 42.4% of SLB's average daily trading volume over the past month, of 12.0 million shares.
Especially high volume was seen for the $56 strike put option expiring July 21, 2023, with 7,531 contracts trading so far today, representing approximately 753,100 underlying shares of SLB. Below is a chart showing SLB's trailing twelve month trading history, with the $56 strike highlighted in orange:
And WD-40 Co (WDFC) saw options trading volume of 692 contracts, representing approximately 69,200 underlying shares or approximately 42.2% of WDFC's average daily trading volume over the past month, of 164,085 shares.
Particularly high volume was seen for the $200 strike put option expiring July 21, 2023, with 133 contracts trading so far today, representing approximately 13,300 underlying shares of WDFC. Below is a chart showing WDFC's trailing twelve month trading history, with the $200 strike highlighted in orange:
For the various different available expirations for MGM options, SLB options, or WDFC options, visit StockOptionsChannel.com.