Notable Friday Option Activity: ZM, MCD, FLS

In terms of options trading activity among constituents of the Russell 3000 Index, there was notable activity today at Zoom Video Communications Inc (Symbol: ZM), where total volume of 21,974 contracts has been traded so far today, a volume of contracts that is representative of approximately 2.2 million underlying shares (given that each contract represents 100 underlying shares). This number equates to 46% of ZM’s average daily trading volume over the past month, or 4.8 million shares. Particularly high volume was seen for the $100 strike call option expiring June 16, 2023, with 3,693 contracts traded so far today, representing approximately 369,300 underlying ZM shares. Below is a chart showing ZM’s trading history over the last twelve months, with the $100 strike highlighted in orange:
McDonald’s Corp (ticker: MCD) options are showing a volume of 12,576 contracts so far today. This number of contracts represents approximately 1.3 million underlying shares, or 45.1% of MCD’s average daily trading volume over the past month, or 2.8 million shares. Particularly high volume was seen for the $270 Strike Call option expiring March 17, 2023, with 738 contracts traded so far today, representing approximately 73,800 underlying MCD shares. Below is a chart showing MCD’s trading history over the last twelve months, with the $270 strike highlighted in orange:

And Flowserve Corp (ticker: FLS) options are showing 4,048 contracts volume so far today. This number of contracts represents approximately 404,800 underlying stocks, or 44.5% of FLS’s average daily trading volume over the past month, or 910,495 stocks. Particularly high volume was seen for the $35 strike call expiring on October 20, 2023, with 4,019 contracts traded so far today, representing approximately 401,900 underlying FLS shares. Below is a chart showing FLS’s trading history over the last twelve months, with the $35 strike highlighted in orange:

For the different expirations available for ZM options, MCD options or FLS options, visit StockOptionsChannel.com.
Also see:
• CCJ declaration since the beginning of the year
• Year-to-date COTV performance
• Institutional BSCN holders
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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