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15 July
Noteworthy Monday Option Activity: STNG, HES, ZS

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Scorpio Tankers Inc (Symbol: STNG), where a total volume of 12,705 contracts has been traded thus far today, a contract volume which is representative of approximately 1.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 167.6% of STNG's average daily trading volume over the past month, of 757,950 shares. Especially high volume was seen for the $80 strike call option expiring September 20, 2024, with 2,768 contracts trading so far today, representing approximately 276,800 underlying shares of STNG. Below is a chart showing STNG's trailing twelve month trading history, with the $80 strike highlighted in orange:

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Hess Corp (Symbol: HES) options are showing a volume of 25,937 contracts thus far today. That number of contracts represents approximately 2.6 million underlying shares, working out to a sizeable 136.1% of HES's average daily trading volume over the past month, of 1.9 million shares. Especially high volume was seen for the $125 strike put option expiring January 17, 2025, with 15,600 contracts trading so far today, representing approximately 1.6 million underlying shares of HES. Below is a chart showing HES's trailing twelve month trading history, with the $125 strike highlighted in orange:

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And Zscaler Inc (Symbol: ZS) options are showing a volume of 28,546 contracts thus far today. That number of contracts represents approximately 2.9 million underlying shares, working out to a sizeable 133.5% of ZS's average daily trading volume over the past month, of 2.1 million shares. Particularly high volume was seen for the $210 strike call option expiring July 19, 2024, with 5,230 contracts trading so far today, representing approximately 523,000 underlying shares of ZS. Below is a chart showing ZS's trailing twelve month trading history, with the $210 strike highlighted in orange:

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For the various different available expirations for STNG options, HES options, or ZS options, visit StockOptionsChannel.com.

Also see:

Income Calendar
NOG Next Dividend Date
BDCV Insider Buying

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