Noteworthy Friday Option Activity: BAC, ADBE, NSCBy Preferred Stock Channel Staff, Friday, April 19, 2:00 PM ETAmong the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Bank of America Corp (NYSE:BAC), where a total of 211,080 contracts have traded so far, representing approximately 21.1 million underlying shares. That amounts to about 51.2% of BAC's average daily trading volume over the past month of 41.2 million shares. Especially high volume was seen for the $37 strike call option expiring April 19, 2024, with 20,579 contracts trading so far today, representing approximately 2.1 million underlying shares of BAC. Below is a chart showing BAC's trailing twelve month trading history, with the $37 strike highlighted in orange:
Adobe Inc (NASDAQ:ADBE) options are showing a volume of 17,001 contracts thus far today. That number of contracts represents approximately 1.7 million underlying shares, working out to a sizeable 48.9% of ADBE's average daily trading volume over the past month, of 3.5 million shares. Particularly high volume was seen for the $465 strike put option expiring April 19, 2024, with 1,177 contracts trading so far today, representing approximately 117,700 underlying shares of ADBE. Below is a chart showing ADBE's trailing twelve month trading history, with the $465 strike highlighted in orange:
And Norfolk Southern Corp (NYSE:NSC) options are showing a volume of 4,717 contracts thus far today. That number of contracts represents approximately 471,700 underlying shares, working out to a sizeable 46.6% of NSC's average daily trading volume over the past month, of 1.0 million shares. Particularly high volume was seen for the $240 strike put option expiring April 19, 2024, with 2,551 contracts trading so far today, representing approximately 255,100 underlying shares of NSC. Below is a chart showing NSC's trailing twelve month trading history, with the $240 strike highlighted in orange:
For the various different available expirations for BAC options, ADBE options, or NSC options, visit StockOptionsChannel.com.
This Article's Word Cloud:
ADBE
April
Arial
Below
Stock
Strike
That
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
million
month
options
representing
shares
showing
strike
today
trading
underlying
volume
with
|