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24 July
Noteworthy Wednesday Option Activity: MOH, COF, SBUX

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Molina Healthcare Inc (Symbol: MOH), where a total volume of 3,060 contracts has been traded thus far today, a contract volume which is representative of approximately 306,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.8% of MOH's average daily trading volume over the past month, of 626,740 shares. Particularly high volume was seen for the $280 strike put option expiring August 16, 2024, with 2,675 contracts trading so far today, representing approximately 267,500 underlying shares of MOH. Below is a chart showing MOH's trailing twelve month trading history, with the $280 strike highlighted in orange:

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Capital One Financial Corp (Symbol: COF) options are showing a volume of 12,069 contracts thus far today. That number of contracts represents approximately 1.2 million underlying shares, working out to a sizeable 43.2% of COF's average daily trading volume over the past month, of 2.8 million shares. Especially high volume was seen for the $130 strike put option expiring September 20, 2024, with 2,555 contracts trading so far today, representing approximately 255,500 underlying shares of COF. Below is a chart showing COF's trailing twelve month trading history, with the $130 strike highlighted in orange:

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And Starbucks Corp. (Symbol: SBUX) options are showing a volume of 51,185 contracts thus far today. That number of contracts represents approximately 5.1 million underlying shares, working out to a sizeable 42.1% of SBUX's average daily trading volume over the past month, of 12.1 million shares. Particularly high volume was seen for the $77 strike call option expiring July 26, 2024, with 4,150 contracts trading so far today, representing approximately 415,000 underlying shares of SBUX. Below is a chart showing SBUX's trailing twelve month trading history, with the $77 strike highlighted in orange:

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For the various different available expirations for MOH options, COF options, or SBUX options, visit StockOptionsChannel.com.

Also see:

Live Cash Dividend Declarations Feed
Funds Holding Cooper Companies
Top Ten Hedge Funds Holding SMTI

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