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Notable Friday Option Activity: RIG, SRG, TCX


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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Transocean Ltd (Symbol: RIG), where a total volume of 67,392 contracts has been traded thus far today, a contract volume which is representative of approximately 6.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51.7% of RIG's average daily trading volume over the past month, of 13.0 million shares. Particularly high volume was seen for the $13 strike call option expiring November 16, 2018 , with 35,151 contracts trading so far today, representing approximately 3.5 million underlying shares of RIG. Below is a chart showing RIG's trailing twelve month trading history, with the $13 strike highlighted in orange:

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Seritage Growth Properties (Symbol: SRG) options are showing a volume of 2,076 contracts thus far today. That number of contracts represents approximately 207,600 underlying shares, working out to a sizeable 50.3% of SRG's average daily trading volume over the past month, of 413,130 shares. Especially high volume was seen for the $44 strike call option expiring July 20, 2018 , with 1,032 contracts trading so far today, representing approximately 103,200 underlying shares of SRG. Below is a chart showing SRG's trailing twelve month trading history, with the $44 strike highlighted in orange:

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And Tucows Inc (Symbol: TCX) saw options trading volume of 340 contracts, representing approximately 34,000 underlying shares or approximately 48.3% of TCX's average daily trading volume over the past month, of 70,405 shares. Particularly high volume was seen for the $55 strike put option expiring August 17, 2018 , with 202 contracts trading so far today, representing approximately 20,200 underlying shares of TCX. Below is a chart showing TCX's trailing twelve month trading history, with the $55 strike highlighted in orange:

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For the various different available expirations for RIG options , SRG options , or TCX options , visit StockOptionsChannel.com.

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

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: RIG , SRG , TCX



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