Noteworthy Wednesday Option Activity: WING, GXO, WMB
Stock Options Channel Staff - Wednesday, March 6, 3:37 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Wingstop Inc (WING), where a total of 2,446 contracts have traded so far, representing approximately 244,600 underlying shares. That amounts to about 42.6% of WING's average daily trading volume over the past month of 574,550 shares. Especially high volume was seen for the $360 strike put option expiring March 15, 2024, with 392 contracts trading so far today, representing approximately 39,200 underlying shares of WING. Below is a chart showing WING's trailing twelve month trading history, with the $360 strike highlighted in orange:
GXO Logistics Inc (GXO) options are showing a volume of 4,229 contracts thus far today. That number of contracts represents approximately 422,900 underlying shares, working out to a sizeable 42.5% of GXO's average daily trading volume over the past month, of 994,985 shares.
Especially high volume was seen for the $50 strike call option expiring April 19, 2024, with 3,069 contracts trading so far today, representing approximately 306,900 underlying shares of GXO. Below is a chart showing GXO's trailing twelve month trading history, with the $50 strike highlighted in orange:
And Williams Cos Inc (WMB) options are showing a volume of 34,126 contracts thus far today. That number of contracts represents approximately 3.4 million underlying shares, working out to a sizeable 42% of WMB's average daily trading volume over the past month, of 8.1 million shares.
Particularly high volume was seen for the $29 strike call option expiring May 17, 2024, with 10,800 contracts trading so far today, representing approximately 1.1 million underlying shares of WMB. Below is a chart showing WMB's trailing twelve month trading history, with the $29 strike highlighted in orange:
For the various different available expirations for WING options, GXO options, or WMB options, visit StockOptionsChannel.com.