Quantcast

Notable Tuesday Option Activity: CTSH, PEP, TTWO


Shutterstock photo

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cognizant Technology Solutions Corp. (Symbol: CTSH), where a total volume of 11,241 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.3% of CTSH's average daily trading volume over the past month, of 2.6 million shares. Especially high volume was seen for the $71 strike put option expiring April 26, 2019 , with 6,944 contracts trading so far today, representing approximately 694,400 underlying shares of CTSH. Below is a chart showing CTSH's trailing twelve month trading history, with the $71 strike highlighted in orange:

Loading+chart+—+2019+TickerTech.com

PepsiCo Inc (Symbol: PEP) options are showing a volume of 18,787 contracts thus far today. That number of contracts represents approximately 1.9 million underlying shares, working out to a sizeable 42.8% of PEP's average daily trading volume over the past month, of 4.4 million shares. Especially high volume was seen for the $122 strike put option expiring April 18, 2019 , with 1,584 contracts trading so far today, representing approximately 158,400 underlying shares of PEP. Below is a chart showing PEP's trailing twelve month trading history, with the $122 strike highlighted in orange:

Loading+chart+—+2019+TickerTech.com

And Take-Two Interactive Software, Inc. (Symbol: TTWO) options are showing a volume of 8,035 contracts thus far today. That number of contracts represents approximately 803,500 underlying shares, working out to a sizeable 42.8% of TTWO's average daily trading volume over the past month, of 1.9 million shares. Especially high volume was seen for the $100 strike call option expiring June 21, 2019 , with 1,288 contracts trading so far today, representing approximately 128,800 underlying shares of TTWO. Below is a chart showing TTWO's trailing twelve month trading history, with the $100 strike highlighted in orange:

Loading+chart+—+2019+TickerTech.com

For the various different available expirations for CTSH options , PEP options , or TTWO 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: CTSH , PEP , TTWO




More from BNK Invest

Subscribe






BNK Invest
Contributor:

BNK Invest

Market News, Investing












Research Brokers before you trade

Want to trade FX?