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06 June
Notable Thursday Option Activity: BAC, SPG, BKNG

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Bank of America Corp (Symbol: BAC), where a total volume of 475,084 contracts has been traded thus far today, a contract volume which is representative of approximately 47.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 145% of BAC's average daily trading volume over the past month, of 32.8 million shares. Especially high volume was seen for the $35 strike call option expiring June 21, 2024, with 87,935 contracts trading so far today, representing approximately 8.8 million underlying shares of BAC. Below is a chart showing BAC's trailing twelve month trading history, with the $35 strike highlighted in orange:

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Simon Property Group, Inc. (Symbol: SPG) saw options trading volume of 18,288 contracts, representing approximately 1.8 million underlying shares or approximately 140% of SPG's average daily trading volume over the past month, of 1.3 million shares. Particularly high volume was seen for the $145 strike call option expiring June 21, 2024, with 2,805 contracts trading so far today, representing approximately 280,500 underlying shares of SPG. Below is a chart showing SPG's trailing twelve month trading history, with the $145 strike highlighted in orange:

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And Booking Holdings Inc (Symbol: BKNG) saw options trading volume of 3,156 contracts, representing approximately 315,600 underlying shares or approximately 138.1% of BKNG's average daily trading volume over the past month, of 228,575 shares. Especially high volume was seen for the $3900 strike call option expiring June 07, 2024, with 683 contracts trading so far today, representing approximately 68,300 underlying shares of BKNG. Below is a chart showing BKNG's trailing twelve month trading history, with the $3900 strike highlighted in orange:

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For the various different available expirations for BAC options, SPG options, or BKNG options, visit StockOptionsChannel.com.

Also see:

Top Ten Hedge Funds Holding RCAT
CHEF Options Chain
HRL RSI

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.