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Notable Wednesday Option Activity: MRK, FDX, CRM


LIn terms of options trading activity among the constituents of the S&P 500 Index, there was notable activity today at Merck & Co Inc (Symbol: MRK), where total volume of 48,217 contracts has been traded so far today, a volume of contracts that is representative of approximately 4.8 million underlying shares (given that each contract represents 100 underlying shares). This number equates to 44.1% of MRK’s average daily trading volume over the past month, or 10.9 million shares. Particularly high volume was seen for the $87.50 strike call option expiring May 20, 2022, with 19,549 contracts traded to date, representing approximately 2.0 million underlying shares of MRK . Below is a chart showing MRK’s trading history over the last twelve months, with the $87.50 strike highlighted in orange:

FedEx Corp Options (ticker: FDX) is showing a volume of 13,440 contracts so far today. This number of contracts represents approximately 1.3 million underlying shares, or 43.2% of FDX’s average daily trading volume over the past month, or 3.1 million shares. Particularly high volume was seen for the $210 strike call option expiring on April 14, 2022, with 1,379 contracts traded so far today, representing approximately 137,900 underlying FDX shares. Below is a chart showing FDX’s trading history over the past twelve months, with the $210 strike highlighted in orange:

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And Salesforce Inc (Symbol: CRM) recorded options trading volume of 26,391 contracts, representing approximately 2.6 million underlying shares or approximately 42.9% of CRM’s average daily trading volume during the last month, or 6.2 million shares. Particularly high volume was seen for the $135 strike put option expiring on October 21, 2022, with 2,328 contracts traded so far today, representing approximately 232,800 underlying CRM shares. Below is a chart showing CRM’s past twelve month trading history, with the $135 strike highlighted in orange:

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For the different expirations available for MRK options, FDX options or CRM options, visit StockOptionsChannel.com.

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

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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