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Notable Thursday Option Activity: SAM, BA, UNP

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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Boston Beer Co Inc (Symbol: SAM), where a total volume of 567 contracts has been traded thus far today, a contract volume which is representative of approximately 56,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.3% of SAM’s average daily trading volume over the past month, of 125,220 shares. Particularly high volume was seen for the $165 strike call option expiring July 21, 2017 , with 100 contracts trading so far today, representing approximately 10,000 underlying shares of SAM. Below is a chart showing SAM’s trailing twelve month trading history, with the $165 strike highlighted in orange:

Boeing Co. (Symbol: BA) saw options trading volume of 12,895 contracts, representing approximately 1.3 million underlying shares or approximately 42.2% of BA’s average daily trading volume over the past month, of 3.1 million shares. Particularly high volume was seen for the $187.50 strike call option expiring June 16, 2017 , with 1,100 contracts trading so far today, representing approximately 110,000 underlying shares of BA. Below is a chart showing BA’s trailing twelve month trading history, with the $187.50 strike highlighted in orange: And Union Pacific Corp (Symbol: UNP) options are showing a volume of 14,243 contracts thus far today. That number of contracts represents approximately 1.4 million underlying shares, working out to a sizeable 42.1% of UNP’s average daily trading volume over the past month, of 3.4 million shares. Particularly high volume was seen for the $90 strike put option expiring January 19, 2018 , with 5,800 contracts trading so far today, representing approximately 580,000 underlying shares of UNP. Below is a chart showing UNP’s trailing twelve month trading history, with the $90 strike highlighted in orange: For the various different available expirations for SAM options , BA options , or UNP 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.


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