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Noteworthy Friday Option Activity: NKE, STZ, QCOM

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Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Nike (Symbol: NKE), where a total volume of 47,353 contracts has been traded thus far today, a contract volume which is representative of approximately 4.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.7% of NKE’s average daily trading volume over the past month, of 9.5 million shares. Particularly high volume was seen for the $50 strike call option expiring January 19, 2018 , with 5,231 contracts trading so far today, representing approximately 523,100 underlying shares of NKE. Below is a chart showing NKE’s trailing twelve month trading history, with the $50 strike highlighted in orange:

Loading+chart++2017+TickerTech.com

Constellation Brands Inc (Symbol: STZ) saw options trading volume of 5,604 contracts, representing approximately 560,400 underlying shares or approximately 46.7% of STZ’s average daily trading volume over the past month, of 1.2 million shares. Especially high volume was seen for the $170 strike call option expiring January 19, 2018 , with 750 contracts trading so far today, representing approximately 75,000 underlying shares of STZ. Below is a chart showing STZ’s trailing twelve month trading history, with the $170 strike highlighted in orange: Loading+chart++2017+TickerTech.com And Qualcomm Inc (Symbol: QCOM) options are showing a volume of 54,676 contracts thus far today. That number of contracts represents approximately 5.5 million underlying shares, working out to a sizeable 45.7% of QCOM’s average daily trading volume over the past month, of 12.0 million shares. Especially high volume was seen for the $55 strike call option expiring June 16, 2017 , with 13,070 contracts trading so far today, representing approximately 1.3 million underlying shares of QCOM. Below is a chart showing QCOM’s trailing twelve month trading history, with the $55 strike highlighted in orange: Loading+chart++2017+TickerTech.com For the various different available expirations for NKE options , STZ options , or QCOM 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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