Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in United Rentals Inc (Symbol: URI), where a total volume of 7,058 contracts has been traded thus far today, a contract volume which is representative of approximately 705,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 59.6% of URI’s average daily trading volume over the past month, of 1.2 million shares. Particularly high volume was seen for the $350 strike put option expiring May 19, 2023, with 524 contracts trading so far today, representing approximately 52,400 underlying shares of URI. Below is a chart showing URI’s trailing twelve month trading history, with the $350 strike highlighted in orange:
Newmont Corp (Symbol: NEM) saw options trading volume of 49,618 contracts, representing approximately 5.0 million underlying shares or approximately 52.3% of NEM’s average daily trading volume over the past month, of 9.5 million shares.
Particularly high volume was seen for the $50 strike call option expiring June 16, 2023, with 5,707 contracts trading so far today, representing approximately 570,700 underlying shares of NEM. Below is a chart showing NEM’s trailing twelve month trading history, with the $50 strike highlighted in orange:
And Electronic Arts, Inc. (Symbol: EA) saw options trading volume of 11,194 contracts, representing approximately 1.1 million underlying shares or approximately 50.7% of EA’s average daily trading volume over the past month, of 2.2 million shares.
Particularly high volume was seen for the $130 strike call option expiring April 21, 2023, with 1,639 contracts trading so far today, representing approximately 163,900 underlying shares of EA. Below is a chart showing EA’s trailing twelve month trading history, with the $130 strike highlighted in orange:
For the various different available expirations for URI options, NEM options, or EA options, visit StockOptionsChannel.com.
Also see:
Defense Dividend Stocks
Funds Holding ORBC
Institutional Holders of VTIP
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
