Notable Thursday Option Activity: HL, M, W
Stock Options Channel Staff - Thursday, April 4, 5:20 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Hecla Mining Co (HL), where a total of 37,007 contracts have traded so far, representing approximately 3.7 million underlying shares. That amounts to about 46.2% of HL's average daily trading volume over the past month of 8.0 million shares. Especially high volume was seen for the $6 strike call option expiring May 17, 2024, with 21,621 contracts trading so far today, representing approximately 2.2 million underlying shares of HL. Below is a chart showing HL's trailing twelve month trading history, with the $6 strike highlighted in orange:
Macy's Inc (M) saw options trading volume of 36,969 contracts, representing approximately 3.7 million underlying shares or approximately 45.7% of M's average daily trading volume over the past month, of 8.1 million shares.
Particularly high volume was seen for the $10 strike put option expiring January 17, 2025, with 5,000 contracts trading so far today, representing approximately 500,000 underlying shares of M. Below is a chart showing M's trailing twelve month trading history, with the $10 strike highlighted in orange:
And Wayfair Inc (W) options are showing a volume of 15,188 contracts thus far today. That number of contracts represents approximately 1.5 million underlying shares, working out to a sizeable 44.5% of W's average daily trading volume over the past month, of 3.4 million shares.
Especially high volume was seen for the $61 strike put option expiring April 05, 2024, with 1,355 contracts trading so far today, representing approximately 135,500 underlying shares of W. Below is a chart showing W's trailing twelve month trading history, with the $61 strike highlighted in orange:
For the various different available expirations for HL options, M options, or W options, visit StockOptionsChannel.com.