Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Qualcomm Inc (Symbol: QCOM), where a total volume of 31,685 contracts has been traded thus far today, a contract volume which is representative of approximately 3.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 41.5% of QCOM’s average daily trading volume over the past month, of 7.6 million shares. Particularly high volume was seen for the $95 strike put option expiring July 21, 2023, with 1,040 contracts trading so far today, representing approximately 104,000 underlying shares of QCOM. Below is a chart showing QCOM’s trailing twelve month trading history, with the $95 strike highlighted in orange:
Cleveland-Cliffs Inc (Symbol: CLF) saw options trading volume of 42,095 contracts, representing approximately 4.2 million underlying shares or approximately 41.3% of CLF’s average daily trading volume over the past month, of 10.2 million shares.
Particularly high volume was seen for the $18.50 strike call option expiring March 31, 2023, with 15,313 contracts trading so far today, representing approximately 1.5 million underlying shares of CLF. Below is a chart showing CLF’s trailing twelve month trading history, with the $18.50 strike highlighted in orange:
And Shift4 Payments Inc (Symbol: FOUR) saw options trading volume of 5,516 contracts, representing approximately 551,600 underlying shares or approximately 41.1% of FOUR’s average daily trading volume over the past month, of 1.3 million shares.
Especially high volume was seen for the $80 strike call option expiring April 21, 2023, with 2,132 contracts trading so far today, representing approximately 213,200 underlying shares of FOUR. Below is a chart showing FOUR’s trailing twelve month trading history, with the $80 strike highlighted in orange:
For the various different available expirations for QCOM options, CLF options, or FOUR options, visit StockOptionsChannel.com.
Also see:
Top Ten Hedge Funds Holding MIE
Fortive shares outstanding history
ESRT Stock Predictions
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
