Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in First Republic Bank (Symbol: FRC), where a total volume of 318,966 contracts has been traded thus far today, a contract volume which is representative of approximately 31.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.7% of FRC’s average daily trading volume over the past month, of 71.3 million shares. Especially high volume was seen for the $5 strike put option expiring March 31, 2023, with 30,423 contracts trading so far today, representing approximately 3.0 million underlying shares of FRC. Below is a chart showing FRC’s trailing twelve month trading history, with the $5 strike highlighted in orange:
Moderna Inc (Symbol: MRNA) options are showing a volume of 16,280 contracts thus far today. That number of contracts represents approximately 1.6 million underlying shares, working out to a sizeable 43.7% of MRNA’s average daily trading volume over the past month, of 3.7 million shares.
Particularly high volume was seen for the $157.50 strike call option expiring March 31, 2023, with 761 contracts trading so far today, representing approximately 76,100 underlying shares of MRNA. Below is a chart showing MRNA’s trailing twelve month trading history, with the $157.50 strike highlighted in orange:
And SolarEdge Technologies Inc (Symbol: SEDG) options are showing a volume of 5,088 contracts thus far today. That number of contracts represents approximately 508,800 underlying shares, working out to a sizeable 43.2% of SEDG’s average daily trading volume over the past month, of 1.2 million shares.
Especially high volume was seen for the $250 strike put option expiring September 15, 2023, with 420 contracts trading so far today, representing approximately 42,000 underlying shares of SEDG. Below is a chart showing SEDG’s trailing twelve month trading history, with the $250 strike highlighted in orange:
For the various different available expirations for FRC options, MRNA options, or SEDG options, visit StockOptionsChannel.com.
Also see:
Computer Peripherals Dividend Stocks
Funds Holding GNSS
VPCC Options Chain
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.