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Mike Khouw Sees Unusual Options Activity In QQQ

May 19, 2017: 07:16 AM ET

Mike Khouw said on CNBC's "Options Action" that more puts than calls were traded in PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ: QQQ) on Thursday.

Traders bought around 18,000 contracts of the May 26 expiration, 136 strike puts on Thursday and they paid $1.05 them. The trade breaks even at $134.95 or 1.68 percent lower from the current market price.

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Index Last Change % Change
Dow 21,082.95 70.53 0.34%
Nasdaq 6,205.26 42.23 0.69%
S&P 500 2,415.07 10.68 0.44%
Treasuries 2.24 -0.01 -0.49%
Data as of 9:10am ET
Company Price Change % Change
Comcast Corp 40.34 0.01 0.02%
Halliburton Co 45.41 -2.30 -4.82%
Hewlett Packard Ente... 18.84 -0.07 -0.37%
Regions Financial Co... 14.28 0.01 0.07%
Pfizer Inc 32.16 0.11 0.34%
Data as of May 25

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