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Notable Tuesday Option Activity: ISRG, LRCX, URI


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Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Intuitive Surgical Inc (Symbol: ISRG), where a total volume of 6,680 contracts has been traded thus far today, a contract volume which is representative of approximately 668,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 88.1% of ISRG's average daily trading volume over the past month, of 757,965 shares. Particularly high volume was seen for the $460 strike call option expiring April 20, 2018 , with 401 contracts trading so far today, representing approximately 40,100 underlying shares of ISRG. Below is a chart showing ISRG's trailing twelve month trading history, with the $460 strike highlighted in orange:

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Lam Research Corp (Symbol: LRCX) options are showing a volume of 23,621 contracts thus far today. That number of contracts represents approximately 2.4 million underlying shares, working out to a sizeable 72.9% of LRCX's average daily trading volume over the past month, of 3.2 million shares. Particularly high volume was seen for the $210 strike call option expiring April 20, 2018 , with 3,358 contracts trading so far today, representing approximately 335,800 underlying shares of LRCX. Below is a chart showing LRCX's trailing twelve month trading history, with the $210 strike highlighted in orange:

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And United Rentals Inc (Symbol: URI) options are showing a volume of 7,075 contracts thus far today. That number of contracts represents approximately 707,500 underlying shares, working out to a sizeable 56.2% of URI's average daily trading volume over the past month, of 1.3 million shares. Particularly high volume was seen for the $180 strike call option expiring April 20, 2018 , with 1,531 contracts trading so far today, representing approximately 153,100 underlying shares of URI. Below is a chart showing URI's trailing twelve month trading history, with the $180 strike highlighted in orange:

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For the various different available expirations for ISRG options , LRCX options , or URI 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: ISRG , LRCX , URI



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