DividendChannel.com

Noteworthy Friday Option Activity: AMBC, WDC, JPM

By Dividend Channel Staff, Friday, April 19, 3:19 PM ET

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ambac Financial Group, Inc. (NYSE:AMBC), where a total volume of 2,663 contracts has been traded thus far today, a contract volume which is representative of approximately 266,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 75.8% of AMBC's average daily trading volume over the past month, of 351,455 shares. Particularly high volume was seen for the $16 strike call option expiring May 17, 2024, with 883 contracts trading so far today, representing approximately 88,300 underlying shares of AMBC. Below is a chart showing AMBC's trailing twelve month trading history, with the $16 strike highlighted in orange:

Western Digital Corp (NASDAQ:WDC) options are showing a volume of 57,692 contracts thus far today. That number of contracts represents approximately 5.8 million underlying shares, working out to a sizeable 75.5% of WDC's average daily trading volume over the past month, of 7.6 million shares. Especially high volume was seen for the $75 strike call option expiring May 17, 2024, with 15,494 contracts trading so far today, representing approximately 1.5 million underlying shares of WDC. Below is a chart showing WDC's trailing twelve month trading history, with the $75 strike highlighted in orange:

And JPMorgan Chase & Co (NYSE:JPM) options are showing a volume of 73,649 contracts thus far today. That number of contracts represents approximately 7.4 million underlying shares, working out to a sizeable 71.8% of JPM's average daily trading volume over the past month, of 10.3 million shares. Especially high volume was seen for the $185 strike call option expiring April 19, 2024, with 8,486 contracts trading so far today, representing approximately 848,600 underlying shares of JPM. Below is a chart showing JPM's trailing twelve month trading history, with the $185 strike highlighted in orange:

For the various different available expirations for AMBC options, WDC options, or JPM options, visit StockOptionsChannel.com.

This Article's Word Cloud:   AMBC   Arial   Below   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   left   million   month   options   shares   showing   strike   today   trading   underlying   volume   with

Noteworthy Friday Option Activity: AMBC, WDC, JPM | 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.