The Online Investor

Notable Friday Option Activity: SLM, HOG, AZO

By The Online Investor Staff, Friday, March 5, 3:26 PM ET

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in SLM Corp. (NASDAQ:SLM), where a total volume of 42,849 contracts has been traded thus far today, a contract volume which is representative of approximately 4.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 64.3% of SLM's average daily trading volume over the past month, of 6.7 million shares. Particularly high volume was seen for the $20 strike put option expiring March 19, 2021, with 18,900 contracts trading so far today, representing approximately 1.9 million underlying shares of SLM. Below is a chart showing SLM's trailing twelve month trading history, with the $20 strike highlighted in orange:

Harley-Davidson Inc (NYSE:HOG) saw options trading volume of 14,693 contracts, representing approximately 1.5 million underlying shares or approximately 61.7% of HOG's average daily trading volume over the past month, of 2.4 million shares. Especially high volume was seen for the $34.50 strike put option expiring March 12, 2021, with 5,192 contracts trading so far today, representing approximately 519,200 underlying shares of HOG. Below is a chart showing HOG's trailing twelve month trading history, with the $34.50 strike highlighted in orange:

And AutoZone, Inc. (NYSE:AZO) options are showing a volume of 1,567 contracts thus far today. That number of contracts represents approximately 156,700 underlying shares, working out to a sizeable 61.4% of AZO's average daily trading volume over the past month, of 255,220 shares. Especially high volume was seen for the $940 strike put option expiring April 09, 2021, with 208 contracts trading so far today, representing approximately 20,800 underlying shares of AZO. Below is a chart showing AZO's trailing twelve month trading history, with the $940 strike highlighted in orange:

For the various different available expirations for SLM options, HOG options, or AZO options, visit StockOptionsChannel.com.

Find the right mix of model portfolios today at PortfolioChannel.com


This Article's Word Cloud:   Arial   Below   Stock   Strike   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   left   leftBuffer   leftLabelsEvery   million   month   options   representing   shares   showing   strike   today   trading   underlying   volume   with

Notable Friday Option Activity: SLM, HOG, AZO Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2021, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.