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12 July
Noteworthy Friday Option Activity: HLF, USFD, INTC

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Herbalife Ltd (Symbol: HLF), where a total volume of 21,797 contracts has been traded thus far today, a contract volume which is representative of approximately 2.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 105% of HLF's average daily trading volume over the past month, of 2.1 million shares. Particularly high volume was seen for the $10 strike put option expiring July 19, 2024, with 8,601 contracts trading so far today, representing approximately 860,100 underlying shares of HLF. Below is a chart showing HLF's trailing twelve month trading history, with the $10 strike highlighted in orange:

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US Foods Holding Corp (Symbol: USFD) options are showing a volume of 20,611 contracts thus far today. That number of contracts represents approximately 2.1 million underlying shares, working out to a sizeable 104.8% of USFD's average daily trading volume over the past month, of 2.0 million shares. Particularly high volume was seen for the $52.50 strike put option expiring July 19, 2024, with 10,142 contracts trading so far today, representing approximately 1.0 million underlying shares of USFD. Below is a chart showing USFD's trailing twelve month trading history, with the $52.50 strike highlighted in orange:

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And Intel Corp (Symbol: INTC) saw options trading volume of 456,655 contracts, representing approximately 45.7 million underlying shares or approximately 99.6% of INTC's average daily trading volume over the past month, of 45.8 million shares. Particularly high volume was seen for the $35 strike call option expiring July 12, 2024, with 37,427 contracts trading so far today, representing approximately 3.7 million underlying shares of INTC. Below is a chart showing INTC's trailing twelve month trading history, with the $35 strike highlighted in orange:

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For the various different available expirations for HLF options, USFD options, or INTC options, visit StockOptionsChannel.com.

Also see:

Technical Analysis Channel
NCRA Average Annual Return
FEUZ shares outstanding history

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