Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Johnson & Johnson (Symbol: JNJ), where a total volume of 34,902 contracts has been traded thus far today, a contract volume which is representative of approximately 3.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51.4% of JNJ’s average daily trading volume over the past month, of 6.8 million shares. Particularly high volume was seen for the $160 strike put option expiring July 21, 2023, with 7,781 contracts trading so far today, representing approximately 778,100 underlying shares of JNJ. Below is a chart showing JNJ’s trailing twelve month trading history, with the $160 strike highlighted in orange:
Texas Instruments Inc. (Symbol: TXN) options are showing a volume of 24,215 contracts thus far today. That number of contracts represents approximately 2.4 million underlying shares, working out to a sizeable 50.9% of TXN’s average daily trading volume over the past month, of 4.8 million shares.
Particularly high volume was seen for the $150 strike put option expiring July 21, 2023, with 15,006 contracts trading so far today, representing approximately 1.5 million underlying shares of TXN. Below is a chart showing TXN’s trailing twelve month trading history, with the $150 strike highlighted in orange:
And Bank of America Corp (Symbol: BAC) saw options trading volume of 223,001 contracts, representing approximately 22.3 million underlying shares or approximately 50.8% of BAC’s average daily trading volume over the past month, of 43.9 million shares.
Particularly high volume was seen for the $30 strike call option expiring August 18, 2023, with 13,611 contracts trading so far today, representing approximately 1.4 million underlying shares of BAC. Below is a chart showing BAC’s trailing twelve month trading history, with the $30 strike highlighted in orange:
For the various different available expirations for JNJ options, TXN options, or BAC options, visit StockOptionsChannel.com.
Also see:
Stocks Where Yields Got More Juicy
XOXO Historical Stock Prices
Charles Schwab shares outstanding history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
