Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cheniere Energy Inc. (AMEX: LNG), where a total volume of 14,405 contracts has been traded thus far today, a contract volume which is representative of approximately 1.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 57.2% of LNG's average daily trading volume over the past month, of 2.5 million shares. Particularly high volume was seen for the $45 strike call option expiring December 16, 2016, with 3,049 contracts trading so far today, representing approximately 304,900 underlying shares of LNG. Below is a chart showing LNG's trailing twelve month trading history, with the $45 strike highlighted in orange:
Campbell Soup Co. (NYSE: CPB) options are showing a volume of 14,032 contracts thus far today. That number of contracts represents approximately 1.4 million underlying shares, working out to a sizeable 54.9% of CPB's average daily trading volume over the past month, of 2.6 million shares.
Especially high volume was seen for the $60 strike call option expiring December 16, 2016, with 9,565 contracts trading so far today, representing approximately 956,500 underlying shares of CPB. Below is a chart showing CPB's trailing twelve month trading history, with the $60 strike highlighted in orange:
And Lam Research Corp (NASD: LRCX) options are showing a volume of 12,043 contracts thus far today. That number of contracts represents approximately 1.2 million underlying shares, working out to a sizeable 51.7% of LRCX's average daily trading volume over the past month, of 2.3 million shares.
Especially high volume was seen for the $92.50 strike call option expiring December 16, 2016, with 2,450 contracts trading so far today, representing approximately 245,000 underlying shares of LRCX. Below is a chart showing LRCX's trailing twelve month trading history, with the $92.50 strike highlighted in orange:
For the various different available expirations for LNG options, CPB options, or LRCX options, visit StockOptionsChannel.com.
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