Notable Friday Option Activity: AZO, LMT, AMZN

In terms of options trading activity among the constituents of the S&P 500 Index, there was notable activity today in AutoZone, Inc. (Symbol: AZO), where total volume of 1,462 contracts has been traded so far today, a volume of contracts that is representative of approximately 146,200 underlying stocks (given that each contract represents 100 underlying stocks). This number equates to 106.1% of AZO’s average daily trading volume over the past month, or 137,810 shares. Particularly high volume was seen for the $2,500 strike call option expiring on January 6, 2023, with 118 contracts traded so far today, representing approximately 11,800 underlying AZO shares. Below is a chart showing AZO’s trading history over the last twelve months, with the $2500 strike highlighted in orange:
Lockheed Martin Corp’s options (ticker: LMT) show a volume of 11,941 contracts to date. This number of contracts represents approximately 1.2 million underlying shares, or 104.5% of LMT’s average daily trading volume over the past month, or 1.1 million shares. Particularly high volume was seen for the $470 strike put option expiring on January 6, 2023, with 807 contracts traded so far today, representing approximately 80,700 underlying shares of LMT. Below is a chart showing LMT’s trading history over the last twelve months, with the $470 strike highlighted in orange:

And Amazon.com Inc (Symbol: AMZN) recorded options trading volume of 762,896 contracts, representing approximately 76.3 million underlying shares or approximately 103.5% of the average daily trading volume of AMZN over the past month, or 73.7 million shares. Particularly high volume was seen for the $83 strike call option expiring on January 6, 2023, with 40,957 contracts traded so far today, representing approximately 4.1 million underlying shares. from AMZN. Below is a chart showing AMZN’s past twelve month trading history, with the $83 strike highlighted in orange:

For the different expirations available for AZO options, LMT options or AMZN options, visit StockOptionsChannel.com.
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