MetalsChannel.com
Notable Tuesday Option Activity: SCCO, CIEN, DISBy Metals Channel Staff, Tuesday, June 1, 4:45 PM ETLooking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Southern Copper Corp (NYSE:SCCO), where a total volume of 9,977 contracts has been traded thus far today, a contract volume which is representative of approximately 997,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 61.5% of SCCO's average daily trading volume over the past month, of 1.6 million shares. Especially high volume was seen for the $65 strike put option expiring June 18, 2021, with 2,205 contracts trading so far today, representing approximately 220,500 underlying shares of SCCO. Below is a chart showing SCCO's trailing twelve month trading history, with the $65 strike highlighted in orange:
Ciena Corp (NYSE:CIEN) saw options trading volume of 7,800 contracts, representing approximately 780,000 underlying shares or approximately 60% of CIEN's average daily trading volume over the past month, of 1.3 million shares. Particularly high volume was seen for the $42 strike put option expiring January 21, 2022, with 2,000 contracts trading so far today, representing approximately 200,000 underlying shares of CIEN. Below is a chart showing CIEN's trailing twelve month trading history, with the $42 strike highlighted in orange:
And Walt Disney Co. (NYSE:DIS) saw options trading volume of 58,713 contracts, representing approximately 5.9 million underlying shares or approximately 57.8% of DIS's average daily trading volume over the past month, of 10.2 million shares. Especially high volume was seen for the $180 strike call option expiring June 04, 2021, with 3,594 contracts trading so far today, representing approximately 359,400 underlying shares of DIS. Below is a chart showing DIS's trailing twelve month trading history, with the $180 strike highlighted in orange:
For the various different available expirations for SCCO options, CIEN options, or DIS options, visit StockOptionsChannel.com.
This Article's Word Cloud:
Arial
Below
CIEN
NYSE
SCCO
Stock
Strike
afterLeftLabels
approximately
average
axisColor
background
beforeLeftLabels
bkgImage
bnkinvest
bottomBuffer
bottomLabels
bottomTableHeight
chart
chartBackgroundColor
clientId
contracts
daily
document
expiring
fillBelowLine
fillColor
fontFace
fontSize
gridBackgroundColor
gridColor
gridLocation
height
high
highlighted
history
labelColor
labelSide
left
million
month
options
representing
shares
strike
today
trading
underlying
volume
with
|
Start slideshow:Notable Tuesday Option Activity: SCCO, CIEN, DIS | www.MetalsChannel.com
Copyright © 2010 - 2024, All Rights Reserved Nothing in Metals Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and metals videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Metals Channel; Meet Our Editorial Staff.