Notable Wednesday Option Activity: MCY, V, DELL

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Mercury General Corp. (Symbol: MCY), where a total volume of 5,152 contracts has been traded thus far today, a contract volume which is representative of approximately 515,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.8% of MCY's average daily trading volume over the past month, of 1.0 million shares. Especially high volume was seen for the $45 strike put option expiring February 21, 2025, with 2,713 contracts trading so far today, representing approximately 271,300 underlying shares of MCY. Below is a chart showing MCY's trailing twelve month trading history, with the $45 strike highlighted in orange:

Visa Inc (Symbol: V) options are showing a volume of 26,313 contracts thus far today. That number of contracts represents approximately 2.6 million underlying shares, working out to a sizeable 49.1% of V's average daily trading volume over the past month, of 5.4 million shares. Particularly high volume was seen for the $355 strike call option expiring February 21, 2025, with 11,826 contracts trading so far today, representing approximately 1.2 million underlying shares of V. Below is a chart showing V's trailing twelve month trading history, with the $355 strike highlighted in orange:

And Dell Technologies Inc (Symbol: DELL) options are showing a volume of 38,833 contracts thus far today. That number of contracts represents approximately 3.9 million underlying shares, working out to a sizeable 48.7% of DELL's average daily trading volume over the past month, of 8.0 million shares. Particularly high volume was seen for the $100 strike put option expiring March 21, 2025, with 2,076 contracts trading so far today, representing approximately 207,600 underlying shares of DELL. Below is a chart showing DELL's trailing twelve month trading history, with the $100 strike highlighted in orange:

For the various different available expirations for MCY options, V options, or DELL options, visit StockOptionsChannel.com.

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

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