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02 February
Noteworthy Friday Option Activity: HLF, BLK, LOW

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Herbalife Ltd (Symbol: HLF), where a total volume of 5,279 contracts has been traded thus far today, a contract volume which is representative of approximately 527,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.8% of HLF's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $7.50 strike put option expiring August 16, 2024, with 2,003 contracts trading so far today, representing approximately 200,300 underlying shares of HLF. Below is a chart showing HLF's trailing twelve month trading history, with the $7.50 strike highlighted in orange:

Blackrock Inc (Symbol: BLK) saw options trading volume of 3,169 contracts, representing approximately 316,900 underlying shares or approximately 47.6% of BLK's average daily trading volume over the past month, of 665,655 shares. Especially high volume was seen for the $760 strike put option expiring February 09, 2024, with 403 contracts trading so far today, representing approximately 40,300 underlying shares of BLK. Below is a chart showing BLK's trailing twelve month trading history, with the $760 strike highlighted in orange:

And Lowe's Companies Inc (Symbol: LOW) options are showing a volume of 12,242 contracts thus far today. That number of contracts represents approximately 1.2 million underlying shares, working out to a sizeable 47.5% of LOW's average daily trading volume over the past month, of 2.6 million shares. Particularly high volume was seen for the $205 strike put option expiring February 09, 2024, with 2,445 contracts trading so far today, representing approximately 244,500 underlying shares of LOW. Below is a chart showing LOW's trailing twelve month trading history, with the $205 strike highlighted in orange:

For the various different available expirations for HLF options, BLK options, or LOW options, visit StockOptionsChannel.com.

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