Notable Wednesday Option Activity: ZEUS, SLB, GMEBy Market News Video Staff, Wednesday, May 5, 3:27 PM ETLooking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Olympic Steel Inc. (NASDAQ:ZEUS), where a total volume of 829 contracts has been traded thus far today, a contract volume which is representative of approximately 82,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 70.3% of ZEUS's average daily trading volume over the past month, of 117,935 shares. Especially high volume was seen for the $30 strike call option expiring May 21, 2021, with 212 contracts trading so far today, representing approximately 21,200 underlying shares of ZEUS. Below is a chart showing ZEUS's trailing twelve month trading history, with the $30 strike highlighted in orange:
Schlumberger Ltd (NYSE:SLB) options are showing a volume of 83,672 contracts thus far today. That number of contracts represents approximately 8.4 million underlying shares, working out to a sizeable 69.8% of SLB's average daily trading volume over the past month, of 12.0 million shares. Especially high volume was seen for the $32.50 strike call option expiring May 21, 2021, with 14,483 contracts trading so far today, representing approximately 1.4 million underlying shares of SLB. Below is a chart showing SLB's trailing twelve month trading history, with the $32.50 strike highlighted in orange:
And GameStop Corp (NYSE:GME) options are showing a volume of 52,757 contracts thus far today. That number of contracts represents approximately 5.3 million underlying shares, working out to a sizeable 69.4% of GME's average daily trading volume over the past month, of 7.6 million shares. Especially high volume was seen for the $200 strike call option expiring May 07, 2021, with 3,714 contracts trading so far today, representing approximately 371,400 underlying shares of GME. Below is a chart showing GME's trailing twelve month trading history, with the $200 strike highlighted in orange:
For the various different available expirations for ZEUS options, SLB options, or GME options, visit StockOptionsChannel.com.
This Article's Word Cloud:
Arial
Below
Especially
Stock
Strike
That
ZEUS
afterLeftLabels
approximately
average
axisColor
background
beforeLeftLabels
bkgImage
bnkinvest
bottomBuffer
bottomLabels
bottomTableHeight
call
chart
chartBackgroundColor
clientId
contracts
daily
document
expiring
fillBelowLine
fillColor
fontFace
fontSize
gridBackgroundColor
gridColor
gridLocation
height
high
highlighted
history
labelColor
labelSide
million
month
options
shares
showing
strike
today
trading
underlying
volume
with
|