Noteworthy Friday Option Activity: CRM, JPM, URI
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Salesforce Inc (Symbol: CRM), where a total volume of 23,180 contracts has been traded thus far today, a contract volume which is representative of approximately 2.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 60.7% of CRM’s average daily trading volume over the past month, of 3.8 million shares. Particularly high volume was seen for the $272.50 strike put option expiring May 24, 2024, with 2,075 contracts trading so far today, representing approximately 207,500 underlying shares of CRM. Below is a chart showing CRM’s trailing twelve month trading history, with the $272.50 strike highlighted in orange:
JPMorgan Chase & Co (Symbol: JPM) options are showing a volume of 41,078 contracts thus far today. That number of contracts represents approximately 4.1 million underlying shares, working out to a sizeable 47.2% of JPM’s average daily trading volume over the past month, of 8.7 million shares.
Particularly high volume was seen for the $200 strike call option expiring May 24, 2024, with 6,185 contracts trading so far today, representing approximately 618,500 underlying shares of JPM. Below is a chart showing JPM’s trailing twelve month trading history, with the $200 strike highlighted in orange:
And United Rentals Inc (Symbol: URI) options are showing a volume of 1,900 contracts thus far today. That number of contracts represents approximately 190,000 underlying shares, working out to a sizeable 42.2% of URI’s average daily trading volume over the past month, of 450,615 shares.
Particularly high volume was seen for the $690 strike call option expiring June 21, 2024, with 500 contracts trading so far today, representing approximately 50,000 underlying shares of URI. Below is a chart showing URI’s trailing twelve month trading history, with the $690 strike highlighted in orange:
For the various different available expirations for CRM options, JPM options, or URI options, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
Top Stocks Held By George Soros
OPTN Average Annual Return
Funds Holding SCHX
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
