HomeMarket NewsNotable Friday Option Activity: GOOGL, GD, HL

Notable Friday Option Activity: GOOGL, GD, HL

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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Alphabet Inc (Symbol: GOOGL), where a total volume of 204,795 contracts has been traded thus far today, a contract volume which is representative of approximately 20.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 65.8% of GOOGL’s average daily trading volume over the past month, of 31.1 million shares. Particularly high volume was seen for the $175 strike call option expiring May 17, 2024, with 28,326 contracts trading so far today, representing approximately 2.8 million underlying shares of GOOGL. Below is a chart showing GOOGL’s trailing twelve month trading history, with the $175 strike highlighted in orange:

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General Dynamics Corp (Symbol: GD) saw options trading volume of 7,342 contracts, representing approximately 734,200 underlying shares or approximately 62.2% of GD’s average daily trading volume over the past month, of 1.2 million shares.
Especially high volume was seen for the $320 strike call option expiring June 21, 2024, with 2,822 contracts trading so far today, representing approximately 282,200 underlying shares of GD. Below is a chart showing GD’s trailing twelve month trading history, with the $320 strike highlighted in orange:

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And Hecla Mining Co (Symbol: HL) saw options trading volume of 66,162 contracts, representing approximately 6.6 million underlying shares or approximately 62.1% of HL’s average daily trading volume over the past month, of 10.7 million shares.
Particularly high volume was seen for the $6 strike call option expiring May 17, 2024, with 27,289 contracts trading so far today, representing approximately 2.7 million underlying shares of HL. Below is a chart showing HL’s trailing twelve month trading history, with the $6 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

For the various different available expirations for GOOGL options, GD options, or HL options, visit StockOptionsChannel.com.

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

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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