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21 June
Noteworthy Friday Option Activity: SON, VKTX, MS

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Sonoco Products Co. (Symbol: SON), where a total volume of 2,278 contracts has been traded thus far today, a contract volume which is representative of approximately 227,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.5% of SON's average daily trading volume over the past month, of 512,455 shares. Particularly high volume was seen for the $55 strike put option expiring July 19, 2024, with 1,557 contracts trading so far today, representing approximately 155,700 underlying shares of SON. Below is a chart showing SON's trailing twelve month trading history, with the $55 strike highlighted in orange:

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Viking Therapeutics Inc (Symbol: VKTX) options are showing a volume of 14,693 contracts thus far today. That number of contracts represents approximately 1.5 million underlying shares, working out to a sizeable 44.5% of VKTX's average daily trading volume over the past month, of 3.3 million shares. Particularly high volume was seen for the $60 strike call option expiring June 28, 2024, with 2,680 contracts trading so far today, representing approximately 268,000 underlying shares of VKTX. Below is a chart showing VKTX's trailing twelve month trading history, with the $60 strike highlighted in orange:

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And Morgan Stanley (Symbol: MS) options are showing a volume of 21,174 contracts thus far today. That number of contracts represents approximately 2.1 million underlying shares, working out to a sizeable 43.8% of MS's average daily trading volume over the past month, of 4.8 million shares. Particularly high volume was seen for the $98 strike call option expiring June 28, 2024, with 2,619 contracts trading so far today, representing approximately 261,900 underlying shares of MS. Below is a chart showing MS's trailing twelve month trading history, with the $98 strike highlighted in orange:

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For the various different available expirations for SON options, VKTX options, or MS options, visit StockOptionsChannel.com.

Also see:

Institutional Holders of XOS
Top Ten Hedge Funds Holding UDIV
Institutional Holders of MTEM

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