Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in TJX Companies (NYSE: TJX), where a total volume of 24,158 contracts has been traded thus far today, a contract volume which is representative of approximately 2.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 82.6% of TJX's average daily trading volume over the past month, of 2.9 million shares. Particularly high volume was seen for the $77.50 strike call option expiring May 20, 2016, with 8,431 contracts trading so far today, representing approximately 843,100 underlying shares of TJX. Below is a chart showing TJX's trailing twelve month trading history, with the $77.50 strike highlighted in orange:
Helmerich & Payne, Inc. (NYSE: HP) saw options trading volume of 14,434 contracts, representing approximately 1.4 million underlying shares or approximately 72.1% of HP's average daily trading volume over the past month, of 2.0 million shares.
Particularly high volume was seen for the $50 strike call option expiring September 16, 2016, with 5,504 contracts trading so far today, representing approximately 550,400 underlying shares of HP. Below is a chart showing HP's trailing twelve month trading history, with the $50 strike highlighted in orange:
And Emerson Electric Co. (NYSE: EMR) saw options trading volume of 18,414 contracts, representing approximately 1.8 million underlying shares or approximately 50.9% of EMR's average daily trading volume over the past month, of 3.6 million shares.
Particularly high volume was seen for the $52.50 strike put option expiring May 20, 2016, with 5,914 contracts trading so far today, representing approximately 591,400 underlying shares of EMR. Below is a chart showing EMR's trailing twelve month trading history, with the $52.50 strike highlighted in orange:
For the various different available expirations for TJX options, HP options, or EMR options, visit StockOptionsChannel.com.
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