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Noteworthy Friday Option Activity: MCK, DOW, CHRW

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Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in McKesson Corp (Symbol: MCK), where a total volume of 6,702 contracts has been traded thus far today, a contract volume which is representative of approximately 670,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.3% of MCK’s average daily trading volume over the past month, of 1.5 million shares. Particularly high volume was seen for the $160 strike call option expiring August 18, 2017 , with 443 contracts trading so far today, representing approximately 44,300 underlying shares of MCK. Below is a chart showing MCK’s trailing twelve month trading history, with the $160 strike highlighted in orange:

Loading+chart++2017+TickerTech.com

Dow Chemical Co. (Symbol: DOW) saw options trading volume of 24,783 contracts, representing approximately 2.5 million underlying shares or approximately 43.2% of DOW’s average daily trading volume over the past month, of 5.7 million shares. Especially high volume was seen for the $65 strike call option expiring June 16, 2017 , with 4,326 contracts trading so far today, representing approximately 432,600 underlying shares of DOW. Below is a chart showing DOW’s trailing twelve month trading history, with the $65 strike highlighted in orange: Loading+chart++2017+TickerTech.com And C.H. Robinson Worldwide, Inc. (Symbol: CHRW) options are showing a volume of 7,284 contracts thus far today. That number of contracts represents approximately 728,400 underlying shares, working out to a sizeable 42.2% of CHRW’s average daily trading volume over the past month, of 1.7 million shares. Especially high volume was seen for the $60 strike put option expiring November 17, 2017 , with 5,010 contracts trading so far today, representing approximately 501,000 underlying shares of CHRW. Below is a chart showing CHRW’s trailing twelve month trading history, with the $60 strike highlighted in orange: Loading+chart++2017+TickerTech.com For the various different available expirations for MCK options , DOW options , or CHRW options , visit StockOptionsChannel.com.

Today’s Most Active Call & Put Options of the S&P 500 »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


Source: NASDAQ

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