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Notable Wednesday Option Activity: NKTR, EXPE, TACO


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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Nektar Therapeutics (Symbol: NKTR), where a total volume of 15,745 contracts has been traded thus far today, a contract volume which is representative of approximately 1.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 58.5% of NKTR's average daily trading volume over the past month, of 2.7 million shares. Especially high volume was seen for the $80 strike call option expiring March 16, 2018 , with 4,501 contracts trading so far today, representing approximately 450,100 underlying shares of NKTR. Below is a chart showing NKTR's trailing twelve month trading history, with the $80 strike highlighted in orange:

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Expedia Inc (Symbol: EXPE) options are showing a volume of 14,289 contracts thus far today. That number of contracts represents approximately 1.4 million underlying shares, working out to a sizeable 57.5% of EXPE's average daily trading volume over the past month, of 2.5 million shares. Particularly high volume was seen for the $107 strike put option expiring March 23, 2018 , with 2,460 contracts trading so far today, representing approximately 246,000 underlying shares of EXPE. Below is a chart showing EXPE's trailing twelve month trading history, with the $107 strike highlighted in orange:

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And Del Taco Restaurants Inc (Symbol: TACO) saw options trading volume of 1,105 contracts, representing approximately 110,500 underlying shares or approximately 56.7% of TACO's average daily trading volume over the past month, of 194,800 shares. Particularly high volume was seen for the $12.50 strike call option expiring March 16, 2018 , with 251 contracts trading so far today, representing approximately 25,100 underlying shares of TACO. Below is a chart showing TACO's trailing twelve month trading history, with the $12.50 strike highlighted in orange:

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For the various different available expirations for NKTR options , EXPE options , or TACO 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: NKTR , EXPE , TACO



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