Notable Thursday Option Activity: MU, CME, WDC
Nasdaq Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Micron Technology Inc. (Symbol: MU), where a total of 137,052 contracts have traded so far, representing approximately 13.7 million underlying shares. That amounts to about 68.4% of MU's average daily trading volume over the past month of 20.0 million shares. Particularly high volume was seen for the $65 strike put option expiring June 09, 2023, with 10,968 contracts trading so far today, representing approximately 1.1 million underlying shares of MU. Below is a chart showing MU's trailing twelve month trading history, with the $65 strike highlighted in orange:
CME Group (Symbol: CME) saw options trading volume of 8,962 contracts, representing approximately 896,200 underlying shares or approximately 60.4% of CME's average daily trading volume over the past month, of 1.5 million shares. Particularly high volume was seen for the $170 strike call option expiring June 16, 2023, with 2,800 contracts trading so far today, representing approximately 280,000 underlying shares of CME. Below is a chart showing CME's trailing twelve month trading history, with the $170 strike highlighted in orange:
