Notable Wednesday option activity: IGT, COST, ZM


IIn terms of options trading activity among constituents of the Russell 3000 Index, there was notable activity today at International Game Technology PLC (Symbol: IGT), where total volume of 26,173 contracts has been traded so far today, a volume of contracts that is representative of approximately 2.6 million underlying shares (given that each contract represents 100 underlying shares). This number equates to 139.3% of IGT’s average daily trading volume over the past month, or 1.9 million shares. Particularly high volume was seen for the $36 strike call option expiring April 14, 2022, with 12,244 contracts traded to date, representing approximately 1.2 million underlying IGT shares. Below is a chart showing IGT’s trading history over the past twelve months, with the $36 strike highlighted in orange:

Costco Wholesale Corp (ticker: COST) options are showing a volume of 28,643 contracts so far today. This number of contracts represents approximately 2.9 million underlying shares, or 129.7% of COST’s average daily trading volume over the past month, or 2.2 million shares. Particularly high volume was seen for the $560 strike call option expiring March 4, 2022, with 2,075 contracts traded so far today, representing approximately 207,500 underlying COST shares. Below is a chart showing COST’s trading history over the last twelve months, with the $560 strike highlighted in orange:

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And Zoom Video Communications Inc (Ticker: ZM) options are showing a volume of 57,164 contracts so far today. This number of contracts represents approximately 5.7 million underlying shares, or 124% of ZM’s average daily trading volume over the past month, or 4.6 million shares. Particularly high volume was seen for the $115 strike put option expiring March 4, 2022, with 1,598 contracts traded so far today, representing approximately 159,800 underlying shares of ZM. Below is a chart showing ZM’s trading history over the last twelve months, with the $115 strike highlighted in orange:

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For the different expirations available for IGT options, COST options or ZM options, visit StockOptionsChannel.com.

The most active call and put options on the S&P 500 today ยป

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