Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Wynn Resorts Ltd (Symbol: WYNN), where a total volume of 36,033 contracts has been traded thus far today, a contract volume which is representative of approximately 3.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 116.7% of WYNN’s average daily trading volume over the past month, of 3.1 million shares. Particularly high volume was seen for the $93 strike call option expiring January 21, 2022, with 4,260 contracts trading so far today, representing approximately 426,000 underlying shares of WYNN. Below is a chart showing WYNN’s trailing twelve month trading history, with the $93 strike highlighted in orange:
Qiagen NV (Symbol: QGEN) options are showing a volume of 6,965 contracts thus far today. That number of contracts represents approximately 696,500 underlying shares, working out to a sizeable 116.4% of QGEN’s average daily trading volume over the past month, of 598,470 shares.
Especially high volume was seen for the $55 strike call option expiring January 21, 2022, with 4,278 contracts trading so far today, representing approximately 427,800 underlying shares of QGEN. Below is a chart showing QGEN’s trailing twelve month trading history, with the $55 strike highlighted in orange:
And APA Corp (Symbol: APA) saw options trading volume of 98,692 contracts, representing approximately 9.9 million underlying shares or approximately 111.7% of APA’s average daily trading volume over the past month, of 8.8 million shares.
Particularly high volume was seen for the $25 strike call option expiring January 21, 2022, with 30,253 contracts trading so far today, representing approximately 3.0 million underlying shares of APA. Below is a chart showing APA’s trailing twelve month trading history, with the $25 strike highlighted in orange:
For the various different available expirations for WYNN options, QGEN options, or APA options, visit StockOptionsChannel.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
