Noteworthy Friday Option Activity: TGT, MU, EXE

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Target Corp (Symbol: TGT), where a total volume of 33,332 contracts has been traded thus far today, a contract volume which is representative of approximately 3.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 64.1% of TGT's average daily trading volume over the past month, of 5.2 million shares. Especially high volume was seen for the $102 strike put option expiring August 15, 2025, with 1,861 contracts trading so far today, representing approximately 186,100 underlying shares of TGT. Below is a chart showing TGT's trailing twelve month trading history, with the $102 strike highlighted in orange:

Micron Technology Inc. (Symbol: MU) saw options trading volume of 123,522 contracts, representing approximately 12.4 million underlying shares or approximately 60.5% of MU's average daily trading volume over the past month, of 20.4 million shares. Especially high volume was seen for the $95 strike put option expiring October 17, 2025, with 6,099 contracts trading so far today, representing approximately 609,900 underlying shares of MU. Below is a chart showing MU's trailing twelve month trading history, with the $95 strike highlighted in orange:

And Expand Energy Corp (Symbol: EXE) options are showing a volume of 19,876 contracts thus far today. That number of contracts represents approximately 2.0 million underlying shares, working out to a sizeable 54.2% of EXE's average daily trading volume over the past month, of 3.7 million shares. Especially high volume was seen for the $85 strike put option expiring October 17, 2025, with 7,109 contracts trading so far today, representing approximately 710,900 underlying shares of EXE. Below is a chart showing EXE's trailing twelve month trading history, with the $85 strike highlighted in orange:

For the various different available expirations for TGT options, MU options, or EXE options, visit StockOptionsChannel.com.

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

Also see: • Seth Klarman Stock Picks
• DFAR Options Chain
• Institutional Holders of LIF


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