Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Altria Group Inc (NYSE: MO), where a total volume of 46,636 contracts has been traded thus far today, a contract volume which is representative of approximately 4.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 81.5% of MO's average daily trading volume over the past month, of 5.7 million shares. Especially high volume was seen for the $65 strike call option expiring December 16, 2016, with 14,286 contracts trading so far today, representing approximately 1.4 million underlying shares of MO. Below is a chart showing MO's trailing twelve month trading history, with the $65 strike highlighted in orange:
Jacobs Engineering Group, Inc. (NYSE: JEC) saw options trading volume of 3,969 contracts, representing approximately 396,900 underlying shares or approximately 64.1% of JEC's average daily trading volume over the past month, of 619,240 shares.
Especially high volume was seen for the $50 strike put option expiring October 21, 2016, with 2,263 contracts trading so far today, representing approximately 226,300 underlying shares of JEC. Below is a chart showing JEC's trailing twelve month trading history, with the $50 strike highlighted in orange:
And Regeneron Pharmaceuticals, Inc. (NASD: REGN) options are showing a volume of 3,130 contracts thus far today. That number of contracts represents approximately 313,000 underlying shares, working out to a sizeable 48.1% of REGN's average daily trading volume over the past month, of 650,540 shares.
Particularly high volume was seen for the $355 strike put option expiring October 28, 2016, with 578 contracts trading so far today, representing approximately 57,800 underlying shares of REGN. Below is a chart showing REGN's trailing twelve month trading history, with the $355 strike highlighted in orange:
For the various different available expirations for MO options, JEC options, or REGN options, visit StockOptionsChannel.com.
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