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Notable Tuesday Option Activity: ALGN, TWTR, ITCI


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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Align Technology Inc (Symbol: ALGN), where a total volume of 5,268 contracts has been traded thus far today, a contract volume which is representative of approximately 526,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 64.6% of ALGN's average daily trading volume over the past month, of 815,455 shares. Particularly high volume was seen for the $280 strike call option expiring May 18, 2018 , with 476 contracts trading so far today, representing approximately 47,600 underlying shares of ALGN. Below is a chart showing ALGN's trailing twelve month trading history, with the $280 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

Twitter Inc (Symbol: TWTR ) saw options trading volume of 189,630 contracts, representing approximately 19.0 million underlying shares or approximately 61.6% of TWTR's average daily trading volume over the past month, of 30.8 million shares. Especially high volume was seen for the $30 strike call option expiring April 20, 2018 , with 11,396 contracts trading so far today, representing approximately 1.1 million underlying shares of TWTR. Below is a chart showing TWTR's trailing twelve month trading history, with the $30 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

And Intra-Cellular Therapies Inc (Symbol: ITCI) saw options trading volume of 3,082 contracts, representing approximately 308,200 underlying shares or approximately 61.1% of ITCI's average daily trading volume over the past month, of 504,215 shares. Particularly high volume was seen for the $30 strike call option expiring January 18, 2019 , with 2,011 contracts trading so far today, representing approximately 201,100 underlying shares of ITCI. Below is a chart showing ITCI's trailing twelve month trading history, with the $30 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

For the various different available expirations for ALGN options , TWTR options , or ITCI 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: ALGN , TWTR , ITCI


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