Noteworthy Thursday Option Activity: HES, SCHW, DOW
Stock Options Channel Staff - Thursday, February 15, 1:25 PMAmong the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Hess Corp (HES), where a total of 12,908 contracts have traded so far, representing approximately 1.3 million underlying shares. That amounts to about 47.2% of HES's average daily trading volume over the past month of 2.7 million shares. Particularly high volume was seen for the $160 strike put option expiring February 16, 2024, with 5,180 contracts trading so far today, representing approximately 518,000 underlying shares of HES. Below is a chart showing HES's trailing twelve month trading history, with the $160 strike highlighted in orange:
The Charles Schwab Corporation (SCHW) saw options trading volume of 33,872 contracts, representing approximately 3.4 million underlying shares or approximately 44.8% of SCHW's average daily trading volume over the past month, of 7.6 million shares.
Particularly high volume was seen for the $70 strike put option expiring February 16, 2024, with 7,324 contracts trading so far today, representing approximately 732,400 underlying shares of SCHW. Below is a chart showing SCHW's trailing twelve month trading history, with the $70 strike highlighted in orange:
And Dow Inc (DOW) saw options trading volume of 20,209 contracts, representing approximately 2.0 million underlying shares or approximately 41.4% of DOW's average daily trading volume over the past month, of 4.9 million shares.
Particularly high volume was seen for the $57.50 strike call option expiring April 19, 2024, with 5,585 contracts trading so far today, representing approximately 558,500 underlying shares of DOW. Below is a chart showing DOW's trailing twelve month trading history, with the $57.50 strike highlighted in orange:
For the various different available expirations for HES options, SCHW options, or DOW options, visit StockOptionsChannel.com.