HomeMarket NewsNotable Monday Option Activity: THC, HII, JPM

Notable Monday Option Activity: THC, HII, JPM

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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Tenet Healthcare Corp. (Symbol: THC), where a total volume of 6,030 contracts has been traded thus far today, a contract volume which is representative of approximately 603,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 58.7% of THC’s average daily trading volume over the past month, of 1.0 million shares. Particularly high volume was seen for the $90 strike put option expiring May 17, 2024, with 1,009 contracts trading so far today, representing approximately 100,900 underlying shares of THC. Below is a chart showing THC’s trailing twelve month trading history, with the $90 strike highlighted in orange:

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Huntington Ingalls Industries, Inc. (Symbol: HII) options are showing a volume of 1,872 contracts thus far today. That number of contracts represents approximately 187,200 underlying shares, working out to a sizeable 57.1% of HII’s average daily trading volume over the past month, of 327,755 shares.
Especially high volume was seen for the $280 strike call option expiring June 21, 2024, with 1,743 contracts trading so far today, representing approximately 174,300 underlying shares of HII. Below is a chart showing HII’s trailing twelve month trading history, with the $280 strike highlighted in orange:

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And JPMorgan Chase & Co (Symbol: JPM) saw options trading volume of 59,721 contracts, representing approximately 6.0 million underlying shares or approximately 56.6% of JPM’s average daily trading volume over the past month, of 10.6 million shares.
Especially high volume was seen for the $197.50 strike call option expiring May 03, 2024, with 21,588 contracts trading so far today, representing approximately 2.2 million underlying shares of JPM. Below is a chart showing JPM’s trailing twelve month trading history, with the $197.50 strike highlighted in orange:

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For the various different available expirations for THC options, HII options, or JPM 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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