Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Mallinckrodt plc (Symbol: MNK), where a total volume of 10,012 contracts has been traded thus far today, a contract volume which is representative of approximately 1.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 59.6% of MNK’s average daily trading volume over the past month, of 1.7 million shares. Particularly high volume was seen for the $ 50 strike put option expiring January 20, 2017 , with 5,017 contracts trading so far today, representing approximately 501,700 underlying shares of MNK. Below is a chart showing MNK’s trailing twelve month trading history, with the $ 50 strike highlighted in orange:
Celgene Corp. (Symbol: CELG) options are showing a volume of 20,970 contracts thus far today. That number of contracts represents approximately 2.1 million underlying shares, working out to a sizeable 51.2% of CELG’s average daily trading volume over the past month, of 4.1 million shares. Particularly high volume was seen for the $ 122 strike call option expiring January 20, 2017 , with 3,446 contracts trading so far today, representing approximately 344,600 underlying shares of CELG. Below is a chart showing CELG’s trailing twelve month trading history, with the $ 122 strike highlighted in orange: 
And Deere & Co. (Symbol: DE) saw options trading volume of 9,498 contracts, representing approximately 949,800 underlying shares or approximately 41% of DE’s average daily trading volume over the past month, of 2.3 million shares. Especially high volume was seen for the $ 106 strike call option expiring January 20, 2017 , with 992 contracts trading so far today, representing approximately 99,200 underlying shares of DE. Below is a chart showing DE’s trailing twelve month trading history, with the $ 106 strike highlighted in orange: 
For the various different available expirations for MNK options , CELG options , or DE options , visit StockOptionsChannel.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Plantations International