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Notable Tuesday Option Activity: CVI, SGMS, KORS


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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in CVR Energy Inc (Symbol: CVI), where a total volume of 4,345 contracts has been traded thus far today, a contract volume which is representative of approximately 434,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 125.7% of CVI's average daily trading volume over the past month, of 345,640 shares. Especially high volume was seen for the $35 strike put option expiring June 15, 2018 , with 3,539 contracts trading so far today, representing approximately 353,900 underlying shares of CVI. Below is a chart showing CVI's trailing twelve month trading history, with the $35 strike highlighted in orange:

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Scientific Games Corp (Symbol: SGMS) saw options trading volume of 8,812 contracts, representing approximately 881,200 underlying shares or approximately 110.6% of SGMS's average daily trading volume over the past month, of 796,660 shares. Especially high volume was seen for the $60 strike call option expiring July 20, 2018 , with 3,426 contracts trading so far today, representing approximately 342,600 underlying shares of SGMS. Below is a chart showing SGMS's trailing twelve month trading history, with the $60 strike highlighted in orange:

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And Michael Kors Holdings Ltd (Symbol: KORS) options are showing a volume of 17,977 contracts thus far today. That number of contracts represents approximately 1.8 million underlying shares, working out to a sizeable 106.3% of KORS's average daily trading volume over the past month, of 1.7 million shares. Particularly high volume was seen for the $68.50 strike call option expiring May 18, 2018 , with 10,002 contracts trading so far today, representing approximately 1.0 million underlying shares of KORS. Below is a chart showing KORS's trailing twelve month trading history, with the $68.50 strike highlighted in orange:

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For the various different available expirations for CVI options , SGMS options , or KORS 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: CVI , SGMS , KORS


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