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20 June
Noteworthy Thursday Option Activity: LW, FCX, CZR

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Lamb Weston Holdings Inc (Symbol: LW), where a total of 9,181 contracts have traded so far, representing approximately 918,100 underlying shares. That amounts to about 58.1% of LW's average daily trading volume over the past month of 1.6 million shares. Particularly high volume was seen for the $75 strike put option expiring August 16, 2024, with 5,700 contracts trading so far today, representing approximately 570,000 underlying shares of LW. Below is a chart showing LW's trailing twelve month trading history, with the $75 strike highlighted in orange:

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Freeport-McMoran Copper & Gold (Symbol: FCX) saw options trading volume of 74,836 contracts, representing approximately 7.5 million underlying shares or approximately 54.1% of FCX's average daily trading volume over the past month, of 13.8 million shares. Particularly high volume was seen for the $60 strike call option expiring August 16, 2024, with 7,301 contracts trading so far today, representing approximately 730,100 underlying shares of FCX. Below is a chart showing FCX's trailing twelve month trading history, with the $60 strike highlighted in orange:

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And Caesars Entertainment Inc (Symbol: CZR) options are showing a volume of 28,689 contracts thus far today. That number of contracts represents approximately 2.9 million underlying shares, working out to a sizeable 51.4% of CZR's average daily trading volume over the past month, of 5.6 million shares. Especially high volume was seen for the $40 strike call option expiring June 21, 2024, with 14,266 contracts trading so far today, representing approximately 1.4 million underlying shares of CZR. Below is a chart showing CZR's trailing twelve month trading history, with the $40 strike highlighted in orange:

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For the various different available expirations for LW options, FCX options, or CZR options, visit StockOptionsChannel.com.

Also see:

ALEX Insider Buying
ADK Split History
NNBR Split History

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