Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in PHINIA Inc (Symbol: PHIN), where a total volume of 2,780 contracts has been traded thus far today, a contract volume which is representative of approximately 278,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.6% of PHIN’s average daily trading volume over the past month, of 637,395 shares. Especially high volume was seen for the $42.50 strike put option expiring June 21, 2024, with 2,520 contracts trading so far today, representing approximately 252,000 underlying shares of PHIN. Below is a chart showing PHIN’s trailing twelve month trading history, with the $42.50 strike highlighted in orange:

Nordic American Tankers Ltd (Symbol: NAT) options are showing a volume of 8,946 contracts thus far today. That number of contracts represents approximately 894,600 underlying shares, working out to a sizeable 43.4% of NAT’s average daily trading volume over the past month, of 2.1 million shares.
Especially high volume was seen for the $4.50 strike call option expiring July 19, 2024, with 3,519 contracts trading so far today, representing approximately 351,900 underlying shares of NAT. Below is a chart showing NAT’s trailing twelve month trading history, with the $4.50 strike highlighted in orange:

And Union Pacific Corp (Symbol: UNP) options are showing a volume of 8,557 contracts thus far today. That number of contracts represents approximately 855,700 underlying shares, working out to a sizeable 43% of UNP’s average daily trading volume over the past month, of 2.0 million shares.
Especially high volume was seen for the $255 strike call option expiring May 31, 2024, with 3,010 contracts trading so far today, representing approximately 301,000 underlying shares of UNP. Below is a chart showing UNP’s trailing twelve month trading history, with the $255 strike highlighted in orange:

For the various different available expirations for PHIN options, NAT options, or UNP options, visit StockOptionsChannel.com.

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

Also see:

• Institutional Holders of WBII
• OHI Next Dividend Date
• CFII Historical Stock Prices

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