The Online Investor

Noteworthy Friday Option Activity: SCHN, QCOM, NTGR

By The Online Investor Staff, Friday, July 1, 3:40 PM ET

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Schnitzer Steel Industries Inc (NASDAQ:SCHN), where a total volume of 2,918 contracts has been traded thus far today, a contract volume which is representative of approximately 291,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 90.6% of SCHN's average daily trading volume over the past month, of 322,150 shares. Especially high volume was seen for the $35 strike call option expiring August 19, 2022, with 2,749 contracts trading so far today, representing approximately 274,900 underlying shares of SCHN. Below is a chart showing SCHN's trailing twelve month trading history, with the $35 strike highlighted in orange:

Qualcomm Inc (NASDAQ:QCOM) options are showing a volume of 86,849 contracts thus far today. That number of contracts represents approximately 8.7 million underlying shares, working out to a sizeable 85.1% of QCOM's average daily trading volume over the past month, of 10.2 million shares. Especially high volume was seen for the $165 strike call option expiring October 21, 2022, with 8,433 contracts trading so far today, representing approximately 843,300 underlying shares of QCOM. Below is a chart showing QCOM's trailing twelve month trading history, with the $165 strike highlighted in orange:

And Netgear Inc (NASDAQ:NTGR) options are showing a volume of 1,452 contracts thus far today. That number of contracts represents approximately 145,200 underlying shares, working out to a sizeable 79.3% of NTGR's average daily trading volume over the past month, of 183,065 shares. Particularly high volume was seen for the $20 strike call option expiring August 19, 2022, with 1,000 contracts trading so far today, representing approximately 100,000 underlying shares of NTGR. Below is a chart showing NTGR's trailing twelve month trading history, with the $20 strike highlighted in orange:

For the various different available expirations for SCHN options, QCOM options, or NTGR options, visit StockOptionsChannel.com.

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


This Article's Word Cloud:   Arial   Below   NTGR   QCOM   SCHN   Stock   Strike   That   afterLeftLabels   approximately   average   axisColor   background   beforeLeftLabels   bkgImage   bnkinvest   bottomBuffer   bottomLabels   bottomTableHeight   call   chart   chartBackgroundColor   clientId   contracts   daily   document   expiring   fillBelowLine   fillColor   fontFace   fontSize   gridBackgroundColor   gridColor   gridLocation   height   high   highlighted   history   labelColor   labelSide   month   options   shares   showing   strike   today   trading   underlying   volume   with

Noteworthy Friday Option Activity: SCHN, QCOM, NTGR Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2022, 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.