Remarkable Tuesday optional activity: AMAT, HOG, AVGO

IIn terms of options trading activity among constituents of the Russell 3000 Index, there was notable activity today at Applied Materials, Inc. (Symbol: AMAT), where total volume of 38,321 contracts has been traded so far today, a volume of contracts that is representative of approximately 3.8 million underlying shares (given that each contract represents 100 underlying shares). This number equates to 52.3% of AMAT’s average daily trading volume over the past month of 7.3 million shares. Particularly high volume was seen for the $125 strike call option expiring on May 20, 2022, with 1,481 contracts traded so far today, representing approximately 148,100 underlying AMAT shares. Below is a chart showing AMAT’s trading history over the last twelve months, with the $125 strike highlighted in orange:
Harley-Davidson Inc Options (Symbol: HOG) has a volume of 8,406 contracts so far today. This number of contracts represents approximately 840,600 underlying stocks, or 49.1% of HOG’s average daily trading volume over the past month, or 1.7 million shares. Particularly high volume was seen for the $39 strike call option expiring April 8, 2022, with 2,651 contracts traded so far today, representing approximately 265,100 underlying HOG shares. Below is a chart showing HOG’s trading history over the past twelve months, with the $39 strike highlighted in orange:

And Broadcom Inc (Symbol: AVGO) had options trading volume of 10,720 contracts, representing approximately 1.1 million underlying shares or approximately 48.6% of AVGO’s average daily trading volume at last month, or 2.2 million shares. Particularly high volume was seen for the $650 strike call option expiring on April 14, 2022, with 1,480 contracts traded so far today, representing approximately 148,000 underlying AVGO shares. Below is a chart showing AVGO’s trading history over the past twelve months, with the $650 strike highlighted in orange:

For the different expirations available for AMAT options, HOG options or AVGO options, visit StockOptionsChannel.com.
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