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Noteworthy Wednesday Option Activity: RTN, WYNN, SLAB

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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Raytheon Co. (NYSE: RTN), where a total volume of 7,501 contracts has been traded thus far today, a contract volume which is representative of approximately 750,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46.2% of RTN's average daily trading volume over the past month, of 1.6 million shares. Particularly high volume was seen for the $130 strike call option expiring May 20, 2016, with 2,088 contracts trading so far today, representing approximately 208,800 underlying shares of RTN. Below is a chart showing RTN's trailing twelve month trading history, with the $130 strike highlighted in orange:

Click here to find out Today's Most Active Call & Put Options of the S&P 500 »

Wynn Resorts Ltd (NASD: WYNN) saw options trading volume of 19,555 contracts, representing approximately 2.0 million underlying shares or approximately 46% of WYNN's average daily trading volume over the past month, of 4.3 million shares.

Particularly high volume was seen for the $85 strike put option expiring April 29, 2016, with 1,249 contracts trading so far today, representing approximately 124,900 underlying shares of WYNN. Below is a chart showing WYNN's trailing twelve month trading history, with the $85 strike highlighted in orange:

And Silicon Laboratories Inc (NASD: SLAB) saw options trading volume of 1,016 contracts, representing approximately 101,600 underlying shares or approximately 45.7% of SLAB's average daily trading volume over the past month, of 222,510 shares.

Especially high volume was seen for the $55 strike call option expiring October 21, 2016, with 468 contracts trading so far today, representing approximately 46,800 underlying shares of SLAB. Below is a chart showing SLAB's trailing twelve month trading history, with the $55 strike highlighted in orange:

For the various different available expirations for RTN options, WYNN options, or SLAB options, visit StockOptionsChannel.com.


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