Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Seagen Inc (Symbol: SGEN), where a total volume of 13,501 contracts has been traded thus far today, a contract volume which is representative of approximately 1.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 74.1% of SGEN’s average daily trading volume over the past month, of 1.8 million shares. Particularly high volume was seen for the $145 strike put option expiring June 21, 2024, with 4,500 contracts trading so far today, representing approximately 450,000 underlying shares of SGEN. Below is a chart showing SGEN’s trailing twelve month trading history, with the $145 strike highlighted in orange:
Humana Inc. (Symbol: HUM) saw options trading volume of 6,461 contracts, representing approximately 646,100 underlying shares or approximately 72.9% of HUM’s average daily trading volume over the past month, of 886,020 shares.
Particularly high volume was seen for the $487.50 strike put option expiring April 06, 2023, with 710 contracts trading so far today, representing approximately 71,000 underlying shares of HUM. Below is a chart showing HUM’s trailing twelve month trading history, with the $487.50 strike highlighted in orange:
And Alphabet Inc (Symbol: GOOGL) saw options trading volume of 271,755 contracts, representing approximately 27.2 million underlying shares or approximately 71.6% of GOOGL’s average daily trading volume over the past month, of 38.0 million shares.
Particularly high volume was seen for the $100 strike put option expiring March 31, 2023, with 11,926 contracts trading so far today, representing approximately 1.2 million underlying shares of GOOGL. Below is a chart showing GOOGL’s trailing twelve month trading history, with the $100 strike highlighted in orange:
For the various different available expirations for SGEN options, HUM options, or GOOGL options, visit StockOptionsChannel.com.
Also see:
Institutional Holders of HFEN
USB MACD
PRAX YTD Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
