Notable Tuesday option activity: FSLR, ALB, TGT

In terms of options trading activity among the constituents of the S&P 500 Index, there was notable activity today at First Solar Inc (Ticker: FSLR), where a total volume of 17,633 contracts was traded. been traded so far today, a contract volume that represents approximately 1.8 million underlying shares (given that each contract represents 100 underlying shares). This number equates to 47.8% of FSLR’s average daily trading volume over the past month, or 3.7 million shares. Particularly high volume was seen for the $125 strike put option expiring on January 20, 2023, with 3,027 contracts traded so far today, representing approximately 302,700 underlying FSLR shares. Below is a chart showing FSLR’s trading history over the past twelve months, with the $125 strike highlighted in orange:

Albemarle Corp.’s options (Symbol: ALB) show a volume of 6,780 contracts so far today. This number of contracts represents approximately 678,000 underlying shares, or 47.6% of ALB’s average daily trading volume over the past month, or 1.4 million shares. Particularly high volume was seen for the $250 strike call option expiring June 16, 2023, with 2,251 contracts traded so far today, representing approximately 225,100 underlying ALB shares. Below is a chart showing ALB’s trading history over the last twelve months, with the $250 strike highlighted in orange:

And Target Corp (ticker: TGT) had options trading volume of 20,610 contracts, representing approximately 2.1 million underlying shares, or approximately 44% of TGT’s average daily trading volume during the last month, or 4.7 million shares. Particularly high volume was seen for the $142 strike put option expiring on January 13, 2023, with 1,982 contracts traded so far today, representing approximately 198,200 underlying shares of TGT. Below is a chart showing TGT’s trading history over the last twelve months, with the $142 strike highlighted in orange:

For the different expirations available for FSLR options, ALB options or TGT options, visit StockOptionsChannel.com.

The most active call and put options on the S&P 500 today »

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