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13 June
Noteworthy Thursday Option Activity: WLK, C, HPE

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Westlake Corp (Symbol: WLK), where a total volume of 3,245 contracts has been traded thus far today, a contract volume which is representative of approximately 324,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 81.4% of WLK's average daily trading volume over the past month, of 398,570 shares. Particularly high volume was seen for the $145 strike put option expiring July 19, 2024, with 3,240 contracts trading so far today, representing approximately 324,000 underlying shares of WLK. Below is a chart showing WLK's trailing twelve month trading history, with the $145 strike highlighted in orange:

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Citigroup Inc (Symbol: C) options are showing a volume of 79,757 contracts thus far today. That number of contracts represents approximately 8.0 million underlying shares, working out to a sizeable 74.4% of C's average daily trading volume over the past month, of 10.7 million shares. Particularly high volume was seen for the $65 strike call option expiring July 19, 2024, with 12,867 contracts trading so far today, representing approximately 1.3 million underlying shares of C. Below is a chart showing C's trailing twelve month trading history, with the $65 strike highlighted in orange:

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And Hewlett Packard Enterprise Co (Symbol: HPE) saw options trading volume of 162,647 contracts, representing approximately 16.3 million underlying shares or approximately 73.8% of HPE's average daily trading volume over the past month, of 22.0 million shares. Particularly high volume was seen for the $19 strike call option expiring August 16, 2024, with 21,576 contracts trading so far today, representing approximately 2.2 million underlying shares of HPE. Below is a chart showing HPE's trailing twelve month trading history, with the $19 strike highlighted in orange:

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For the various different available expirations for WLK options, C options, or HPE options, visit StockOptionsChannel.com.

Also see:

MNDL Videos
SHOR Videos
BOTJ Dividend History

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