HomeMarket NewsNoteworthy Monday Option Activity: INTC, TGT, WING

Noteworthy Monday Option Activity: INTC, TGT, WING

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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Intel Corp (Symbol: INTC), where a total volume of 285,763 contracts has been traded thus far today, a contract volume which is representative of approximately 28.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53.8% of INTC’s average daily trading volume over the past month, of 53.1 million shares. Particularly high volume was seen for the $27 strike put option expiring June 21, 2024, with 18,144 contracts trading so far today, representing approximately 1.8 million underlying shares of INTC. Below is a chart showing INTC’s trailing twelve month trading history, with the $27 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

Target Corp (Symbol: TGT) saw options trading volume of 17,021 contracts, representing approximately 1.7 million underlying shares or approximately 53.7% of TGT’s average daily trading volume over the past month, of 3.2 million shares.
Particularly high volume was seen for the $160 strike put option expiring May 17, 2024, with 1,324 contracts trading so far today, representing approximately 132,400 underlying shares of TGT. Below is a chart showing TGT’s trailing twelve month trading history, with the $160 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

And Wingstop Inc (Symbol: WING) options are showing a volume of 2,789 contracts thus far today. That number of contracts represents approximately 278,900 underlying shares, working out to a sizeable 53.6% of WING’s average daily trading volume over the past month, of 519,975 shares.
Especially high volume was seen for the $290 strike put option expiring May 17, 2024, with 197 contracts trading so far today, representing approximately 19,700 underlying shares of WING. Below is a chart showing WING’s trailing twelve month trading history, with the $290 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

For the various different available expirations for INTC options, TGT options, or WING options, visit StockOptionsChannel.com.

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

Also see:

• BDC Baby Bonds and Preferreds
• TRAK market cap history
• SCHN Price Target

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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