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Notable Wednesday Option Activity: BIIB, WFC, TROX


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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Biogen Inc (Symbol: BIIB), where a total of 4,271 contracts have traded so far, representing approximately 427,100 underlying shares. That amounts to about 42% of BIIB's average daily trading volume over the past month of 1.0 million shares. Especially high volume was seen for the $352.50 strike call option expiring December 22, 2017 , with 1,000 contracts trading so far today, representing approximately 100,000 underlying shares of BIIB. Below is a chart showing BIIB's trailing twelve month trading history, with the $352.50 strike highlighted in orange:

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Wells Fargo & Co. (Symbol: WFC) saw options trading volume of 87,639 contracts, representing approximately 8.8 million underlying shares or approximately 41.8% of WFC's average daily trading volume over the past month, of 21.0 million shares. Particularly high volume was seen for the $60 strike call option expiring January 19, 2018 , with 14,903 contracts trading so far today, representing approximately 1.5 million underlying shares of WFC. Below is a chart showing WFC's trailing twelve month trading history, with the $60 strike highlighted in orange:

Loading+chart++2017+TickerTech.com

And Tronox Ltd (Symbol: TROX) options are showing a volume of 7,618 contracts thus far today. That number of contracts represents approximately 761,800 underlying shares, working out to a sizeable 40.9% of TROX's average daily trading volume over the past month, of 1.9 million shares. Particularly high volume was seen for the $23 strike call option expiring January 19, 2018 , with 2,023 contracts trading so far today, representing approximately 202,300 underlying shares of TROX. Below is a chart showing TROX's trailing twelve month trading history, with the $23 strike highlighted in orange:

Loading+chart++2017+TickerTech.com

For the various different available expirations for BIIB options , WFC options , or TROX options , visit StockOptionsChannel.com.

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

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Options
Referenced Symbols: BIIB , WFC , TROX


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