Noteworthy Monday Option Activity: DM, BA, COST
Stock Options Channel Staff - Monday, April 8, 3:46 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Desktop Metal Inc (DM), where a total of 28,330 contracts have traded so far, representing approximately 2.8 million underlying shares. That amounts to about 82.4% of DM's average daily trading volume over the past month of 3.4 million shares. Particularly high volume was seen for the $1 strike put option expiring May 17, 2024, with 15,980 contracts trading so far today, representing approximately 1.6 million underlying shares of DM. Below is a chart showing DM's trailing twelve month trading history, with the $1 strike highlighted in orange:
Boeing Co. (BA) saw options trading volume of 69,827 contracts, representing approximately 7.0 million underlying shares or approximately 78.2% of BA's average daily trading volume over the past month, of 8.9 million shares.
Especially high volume was seen for the $180 strike put option expiring April 12, 2024, with 4,511 contracts trading so far today, representing approximately 451,100 underlying shares of BA. Below is a chart showing BA's trailing twelve month trading history, with the $180 strike highlighted in orange:
And Costco Wholesale Corp (COST) saw options trading volume of 18,369 contracts, representing approximately 1.8 million underlying shares or approximately 75.5% of COST's average daily trading volume over the past month, of 2.4 million shares.
Particularly high volume was seen for the $715 strike call option expiring April 12, 2024, with 874 contracts trading so far today, representing approximately 87,400 underlying shares of COST. Below is a chart showing COST's trailing twelve month trading history, with the $715 strike highlighted in orange:
For the various different available expirations for DM options, BA options, or COST options, visit StockOptionsChannel.com.