HomeMarket NewsNotable Wednesday Option Activity: ZM, DELL, IP

Notable Wednesday Option Activity: ZM, DELL, IP

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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Zoom Communications Inc (Symbol: ZM), where a total volume of 25,564 contracts has been traded thus far today, a contract volume which is representative of approximately 2.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 55.6% of ZM’s average daily trading volume over the past month, of 4.6 million shares. Particularly high volume was seen for the $88 strike call option expiring December 13, 2024, with 4,243 contracts trading so far today, representing approximately 424,300 underlying shares of ZM. Below is a chart showing ZM’s trailing twelve month trading history, with the $88 strike highlighted in orange:

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Dell Technologies Inc (Symbol: DELL) options are showing a volume of 50,445 contracts thus far today. That number of contracts represents approximately 5.0 million underlying shares, working out to a sizeable 53.1% of DELL’s average daily trading volume over the past month, of 9.5 million shares.
Particularly high volume was seen for the $121 strike call option expiring December 27, 2024, with 2,217 contracts trading so far today, representing approximately 221,700 underlying shares of DELL. Below is a chart showing DELL’s trailing twelve month trading history, with the $121 strike highlighted in orange:

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And International Paper Co (Symbol: IP) options are showing a volume of 20,786 contracts thus far today. That number of contracts represents approximately 2.1 million underlying shares, working out to a sizeable 52.2% of IP’s average daily trading volume over the past month, of 4.0 million shares.
Especially high volume was seen for the $60 strike call option expiring January 17, 2025, with 10,216 contracts trading so far today, representing approximately 1.0 million underlying shares of IP. Below is a chart showing IP’s trailing twelve month trading history, with the $60 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

For the various different available expirations for ZM options, DELL options, or IP options, visit StockOptionsChannel.com.

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

Also see:

• Dividend Channel
• Institutional Holders of XH
• Institutional Holders of IBDX

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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