Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Cisco Systems, Inc. (NASD: CSCO), where a total volume of 130,076 contracts has been traded thus far today, a contract volume which is representative of approximately 13.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 59.9% of CSCO's average daily trading volume over the past month, of 21.7 million shares. Especially high volume was seen for the $32 strike call option expiring September 16, 2016, with 10,534 contracts trading so far today, representing approximately 1.1 million underlying shares of CSCO. Below is a chart showing CSCO's trailing twelve month trading history, with the $32 strike highlighted in orange:
AutoZone, Inc. (NYSE: AZO) saw options trading volume of 879 contracts, representing approximately 87,900 underlying shares or approximately 56.6% of AZO's average daily trading volume over the past month, of 155,190 shares.
Particularly high volume was seen for the $870 strike call option expiring August 19, 2016, with 98 contracts trading so far today, representing approximately 9,800 underlying shares of AZO. Below is a chart showing AZO's trailing twelve month trading history, with the $870 strike highlighted in orange:
And Monsanto Co (NYSE: MON) saw options trading volume of 10,991 contracts, representing approximately 1.1 million underlying shares or approximately 55.4% of MON's average daily trading volume over the past month, of 2.0 million shares.
Particularly high volume was seen for the $125 strike call option expiring October 21, 2016, with 2,749 contracts trading so far today, representing approximately 274,900 underlying shares of MON. Below is a chart showing MON's trailing twelve month trading history, with the $125 strike highlighted in orange:
For the various different available expirations for CSCO options, AZO options, or MON options, visit StockOptionsChannel.com.
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