Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in PPL Corp (NYSE: PPL), where a total volume of 61,672 contracts has been traded thus far today, a contract volume which is representative of approximately 6.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 161.1% of PPL's average daily trading volume over the past month, of 3.8 million shares. Particularly high volume was seen for the $39 strike call option expiring June 17, 2016, with 61,181 contracts trading so far today, representing approximately 6.1 million underlying shares of PPL. Below is a chart showing PPL's trailing twelve month trading history, with the $39 strike highlighted in orange:
PVH Corp (NYSE: PVH) saw options trading volume of 12,217 contracts, representing approximately 1.2 million underlying shares or approximately 142.3% of PVH's average daily trading volume over the past month, of 858,500 shares.
Particularly high volume was seen for the $100 strike call option expiring May 20, 2016, with 6,097 contracts trading so far today, representing approximately 609,700 underlying shares of PVH. Below is a chart showing PVH's trailing twelve month trading history, with the $100 strike highlighted in orange:
And Apple Inc (NASD: AAPL) options are showing a volume of 475,333 contracts thus far today. That number of contracts represents approximately 47.5 million underlying shares, working out to a sizeable 110.9% of AAPL's average daily trading volume over the past month, of 42.8 million shares.
Particularly high volume was seen for the $95 strike call option expiring May 06, 2016, with 26,410 contracts trading so far today, representing approximately 2.6 million underlying shares of AAPL. Below is a chart showing AAPL's trailing twelve month trading history, with the $95 strike highlighted in orange:
For the various different available expirations for PPL options, PVH options, or AAPL options, visit StockOptionsChannel.com.
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