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Notable Thursday Option Activity: PTCT, SBGI, MGPI


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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in PTC Therapeutics Inc (Symbol: PTCT), where a total volume of 3,084 contracts has been traded thus far today, a contract volume which is representative of approximately 308,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42.4% of PTCT's average daily trading volume over the past month, of 727,320 shares. Particularly high volume was seen for the $25 strike put option expiring May 18, 2018 , with 501 contracts trading so far today, representing approximately 50,100 underlying shares of PTCT. Below is a chart showing PTCT's trailing twelve month trading history, with the $25 strike highlighted in orange:

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Sinclair Broadcast Group Inc (Symbol: SBGI) saw options trading volume of 6,028 contracts, representing approximately 602,800 underlying shares or approximately 42.1% of SBGI's average daily trading volume over the past month, of 1.4 million shares. Especially high volume was seen for the $28 strike put option expiring September 21, 2018 , with 1,882 contracts trading so far today, representing approximately 188,200 underlying shares of SBGI. Below is a chart showing SBGI's trailing twelve month trading history, with the $28 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

And MGP Ingredients Inc (Symbol: MGPI) saw options trading volume of 665 contracts, representing approximately 66,500 underlying shares or approximately 42% of MGPI's average daily trading volume over the past month, of 158,515 shares. Especially high volume was seen for the $85 strike put option expiring June 15, 2018 , with 168 contracts trading so far today, representing approximately 16,800 underlying shares of MGPI. Below is a chart showing MGPI's trailing twelve month trading history, with the $85 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

For the various different available expirations for PTCT options , SBGI options , or MGPI 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: PTCT , SBGI , MGPI



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