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Notable Tuesday Option Activity: BIIB, EPAY, TREE


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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Biogen Inc (Symbol: BIIB), where a total volume of 10,295 contracts has been traded thus far today, a contract volume which is representative of approximately 1.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 84.5% of BIIB's average daily trading volume over the past month, of 1.2 million shares. Particularly high volume was seen for the $345 strike put option expiring October 05, 2018 , with 1,216 contracts trading so far today, representing approximately 121,600 underlying shares of BIIB. Below is a chart showing BIIB's trailing twelve month trading history, with the $345 strike highlighted in orange:

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Bottomline Technologies Inc (Symbol: EPAY) options are showing a volume of 2,765 contracts thus far today. That number of contracts represents approximately 276,500 underlying shares, working out to a sizeable 68.7% of EPAY's average daily trading volume over the past month, of 402,415 shares. Especially high volume was seen for the $80 strike call option expiring November 16, 2018 , with 704 contracts trading so far today, representing approximately 70,400 underlying shares of EPAY. Below is a chart showing EPAY's trailing twelve month trading history, with the $80 strike highlighted in orange:

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And LendingTree Inc (Symbol: TREE) saw options trading volume of 942 contracts, representing approximately 94,200 underlying shares or approximately 64.9% of TREE's average daily trading volume over the past month, of 145,120 shares. Especially high volume was seen for the $175 strike put option expiring November 16, 2018 , with 113 contracts trading so far today, representing approximately 11,300 underlying shares of TREE. Below is a chart showing TREE's trailing twelve month trading history, with the $175 strike highlighted in orange:

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For the various different available expirations for BIIB options , EPAY options , or TREE 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 , EPAY , TREE



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