Noteworthy Friday Option Activity: CBI, COF, CMTL

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Chicago Bridge & Iron Co., N.V. (CBI), where a total volume of 12,815 contracts has been traded thus far today, a contract volume which is representative of approximately 1.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 58.5% of CBI's average daily trading volume over the past month, of 2.2 million shares. Especially high volume was seen for the $14 strike put option expiring December 08, 2017, with 3,160 contracts trading so far today, representing approximately 316,000 underlying shares of CBI. Below is a chart showing CBI's trailing twelve month trading history, with the $14 strike highlighted in orange:

Loading+chart++2017+TickerTech.com

START SLIDESHOW:
Today's Most Active Call & Put Options of the S&P 500 »

Capital One Financial Corp ( COF) saw options trading volume of 11,206 contracts, representing approximately 1.1 million underlying shares or approximately 55.7% of COF's average daily trading volume over the past month, of 2.0 million shares. Especially high volume was seen for the $105 strike call option expiring December 15, 2017, with 2,248 contracts trading so far today, representing approximately 224,800 underlying shares of COF. Below is a chart showing COF's trailing twelve month trading history, with the $105 strike highlighted in orange:

Loading+chart++2017+TickerTech.com

And Comtech Telecommunications Corp. ( CMTL) options are showing a volume of 698 contracts thus far today. That number of contracts represents approximately 69,800 underlying shares, working out to a sizeable 52% of CMTL's average daily trading volume over the past month, of 134,135 shares. Particularly high volume was seen for the $20 strike call option expiring July 20, 2018, with 664 contracts trading so far today, representing approximately 66,400 underlying shares of CMTL. Below is a chart showing CMTL's trailing twelve month trading history, with the $20 strike highlighted in orange:

Loading+chart++2017+TickerTech.com

For the various different available expirations for CBI options, COF options, or CMTL options, visit StockOptionsChannel.com.

More from Stocks

What Market Selloff? Dow Futures Are Popping on Sunday

What Market Selloff? Dow Futures Are Popping on Sunday

Street Stats: The Mid-Term Elections May Be a Rollercoaster Ride for Investors

Street Stats: The Mid-Term Elections May Be a Rollercoaster Ride for Investors

What You Need to Know About Facebook and Europe's New Privacy Rules

What You Need to Know About Facebook and Europe's New Privacy Rules

8 Bold Moves General Motors Could Make to Rev Up Its Battered Stock Price

8 Bold Moves General Motors Could Make to Rev Up Its Battered Stock Price

Is Your Investment Portfolio Prepared for Trade Wars, Inflation and More Trump?

Is Your Investment Portfolio Prepared for Trade Wars, Inflation and More Trump?