Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Citrix Systems, Inc. (NASD: CTXS), where a total volume of 5,118 contracts has been traded thus far today, a contract volume which is representative of approximately 511,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.4% of CTXS's average daily trading volume over the past month, of 1.0 million shares. Particularly high volume was seen for the $90 strike call option expiring October 21, 2016, with 1,272 contracts trading so far today, representing approximately 127,200 underlying shares of CTXS. Below is a chart showing CTXS's trailing twelve month trading history, with the $90 strike highlighted in orange:
Mead Johnson Nutrition Co (NYSE: MJN) saw options trading volume of 7,374 contracts, representing approximately 737,400 underlying shares or approximately 49.2% of MJN's average daily trading volume over the past month, of 1.5 million shares.
Particularly high volume was seen for the $82.50 strike put option expiring November 18, 2016, with 2,650 contracts trading so far today, representing approximately 265,000 underlying shares of MJN. Below is a chart showing MJN's trailing twelve month trading history, with the $82.50 strike highlighted in orange:
And Schlumberger Ltd. (NYSE: SLB) saw options trading volume of 24,544 contracts, representing approximately 2.5 million underlying shares or approximately 41.9% of SLB's average daily trading volume over the past month, of 5.9 million shares.
Especially high volume was seen for the $85 strike call option expiring November 18, 2016, with 12,331 contracts trading so far today, representing approximately 1.2 million underlying shares of SLB. Below is a chart showing SLB's trailing twelve month trading history, with the $85 strike highlighted in orange:
For the various different available expirations for CTXS options, MJN options, or SLB options, visit StockOptionsChannel.com.
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