DividendChannel.com

Notable Tuesday Option Activity: ZION, PLMR, TOL

By Dividend Channel Staff, Tuesday, January 23, 3:16 PM ET

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Zions Bancorporation, N.A. (NASDAQ:ZION), where a total volume of 8,776 contracts has been traded thus far today, a contract volume which is representative of approximately 877,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 41.4% of ZION's average daily trading volume over the past month, of 2.1 million shares. Especially high volume was seen for the $41 strike put option expiring January 26, 2024, with 706 contracts trading so far today, representing approximately 70,600 underlying shares of ZION. Below is a chart showing ZION's trailing twelve month trading history, with the $41 strike highlighted in orange:

Palomar Holdings Inc (NASDAQ:PLMR) options are showing a volume of 542 contracts thus far today. That number of contracts represents approximately 54,200 underlying shares, working out to a sizeable 40.4% of PLMR's average daily trading volume over the past month, of 134,220 shares. Particularly high volume was seen for the $85 strike call option expiring March 15, 2024, with 220 contracts trading so far today, representing approximately 22,000 underlying shares of PLMR. Below is a chart showing PLMR's trailing twelve month trading history, with the $85 strike highlighted in orange:

And Toll Brothers Inc. (NYSE:TOL) options are showing a volume of 5,103 contracts thus far today. That number of contracts represents approximately 510,300 underlying shares, working out to a sizeable 40.1% of TOL's average daily trading volume over the past month, of 1.3 million shares. Especially high volume was seen for the $105 strike call option expiring September 20, 2024, with 501 contracts trading so far today, representing approximately 50,100 underlying shares of TOL. Below is a chart showing TOL's trailing twelve month trading history, with the $105 strike highlighted in orange:

For the various different available expirations for ZION options, PLMR options, or TOL options, visit StockOptionsChannel.com.

This Article's Word Cloud:   Arial   Below   PLMR   Stock   Strike   That   ZION   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   month   options   shares   showing   strike   today   trading   underlying   volume   with

Notable Tuesday Option Activity: ZION, PLMR, TOL | www.DividendChannel.com

Copyright © 2010 - 2024, All Rights Reserved Nothing in Dividend Channel 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 dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Dividend Channel; Meet Our Editorial Staff.