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18 June
Noteworthy Tuesday Option Activity: RCUS, JPM, LNG

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Arcus Biosciences Inc (Symbol: RCUS), where a total volume of 5,925 contracts has been traded thus far today, a contract volume which is representative of approximately 592,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 81% of RCUS's average daily trading volume over the past month, of 731,045 shares. Especially high volume was seen for the $15 strike call option expiring June 21, 2024, with 3,611 contracts trading so far today, representing approximately 361,100 underlying shares of RCUS. Below is a chart showing RCUS's trailing twelve month trading history, with the $15 strike highlighted in orange:

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JPMorgan Chase & Co (Symbol: JPM) options are showing a volume of 69,926 contracts thus far today. That number of contracts represents approximately 7.0 million underlying shares, working out to a sizeable 77.9% of JPM's average daily trading volume over the past month, of 9.0 million shares. Particularly high volume was seen for the $200 strike call option expiring June 21, 2024, with 9,652 contracts trading so far today, representing approximately 965,200 underlying shares of JPM. Below is a chart showing JPM's trailing twelve month trading history, with the $200 strike highlighted in orange:

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And Cheniere Energy Inc. (Symbol: LNG) saw options trading volume of 10,309 contracts, representing approximately 1.0 million underlying shares or approximately 67.1% of LNG's average daily trading volume over the past month, of 1.5 million shares. Especially high volume was seen for the $155 strike put option expiring July 19, 2024, with 4,059 contracts trading so far today, representing approximately 405,900 underlying shares of LNG. Below is a chart showing LNG's trailing twelve month trading history, with the $155 strike highlighted in orange:

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For the various different available expirations for RCUS options, JPM options, or LNG options, visit StockOptionsChannel.com.

Also see:

ETFs With Notable Outflows
CRMT Insider Buying
Top Ten Hedge Funds Holding AKS

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