Today’s Options Trading Highlights: Target, Intuitive Surgical, and Scorpio Tankers

Options trading volume has surged today among several key players in the Russell 3000 index.

Target Corp (Symbol: TGT) Sees Significant Activity

Target Corp experienced a remarkable options trading volume today, with 19,195 contracts exchanged. This figure represents about 1.9 million underlying shares or approximately 56.1% of TGT’s average daily trading volume, which stands at 3.4 million shares over the past month. Notably, the $160 strike call option set to expire on February 21, 2025, saw heightened interest, evidenced by 1,856 contracts traded, equating to roughly 185,600 underlying shares. The following chart illustrates TGT’s trading history over the last twelve months, with the $160 strike highlighted in orange:

Intuitive Surgical Inc (Symbol: ISRG) Attracts Attention

Intuitive Surgical Inc noted an options trading volume of 7,362 contracts today. This reflects about 736,200 underlying shares, or 55.8% of ISRG’s average daily trading volume of 1.3 million shares over the past month. The $700 strike call option expiring on June 20, 2025, particularly stood out with 750 contracts traded, which corresponds to approximately 75,000 underlying shares. The chart below displays ISRG’s trading history for the past twelve months, with the $700 strike notably highlighted:

Scorpio Tankers Inc (Symbol: STNG) Sees Robust Trading

Scorpio Tankers Inc reported options trading volume of 5,711 contracts, which stands for about 571,100 underlying shares, accounting for 55.5% of STNG’s average daily trading volume of 1.0 million shares over the past month. The $50 strike put option expiring on November 15, 2024, witnessed particularly strong activity, with 1,920 contracts traded, representing around 192,000 underlying shares. Below is the chart depicting STNG’s trading history over the past twelve months, featuring the $50 strike in orange:

To explore various available expirations for options on TGT, ISRG, or STNG, you can visit StockOptionsChannel.com.

Today’s Most Active Call & Put Options of the S&P 500 »

Also see:

• Institutional Holders of SMFG
• Institutional Holders of XRDC
• ESL Price Target

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