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Noteworthy Wednesday Option Activity: SJM, NFLX, CMI

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Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in J.M. Smucker Co. (Symbol: SJM), where a total volume of 5,228 contracts has been traded thus far today, a contract volume which is representative of approximately 522,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 71.8% of SJM’s average daily trading volume over the past month, of 728,270 shares. Particularly high volume was seen for the $135 strike call option expiring June 16, 2017 , with 1,186 contracts trading so far today, representing approximately 118,600 underlying shares of SJM. Below is a chart showing SJM’s trailing twelve month trading history, with the $135 strike highlighted in orange:

Netflix Inc. (Symbol: NFLX) saw options trading volume of 29,394 contracts, representing approximately 2.9 million underlying shares or approximately 59.3% of NFLX’s average daily trading volume over the past month, of 5.0 million shares. Particularly high volume was seen for the $160 strike put option expiring June 09, 2017 , with 2,472 contracts trading so far today, representing approximately 247,200 underlying shares of NFLX. Below is a chart showing NFLX’s trailing twelve month trading history, with the $160 strike highlighted in orange: And Cummins, Inc. (Symbol: CMI) saw options trading volume of 7,809 contracts, representing approximately 780,900 underlying shares or approximately 53% of CMI’s average daily trading volume over the past month, of 1.5 million shares. Particularly high volume was seen for the $155 strike put option expiring June 16, 2017 , with 3,935 contracts trading so far today, representing approximately 393,500 underlying shares of CMI. Below is a chart showing CMI’s trailing twelve month trading history, with the $155 strike highlighted in orange: For the various different available expirations for SJM options , NFLX options , or CMI 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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