Quantcast

Noteworthy Friday Option Activity: ALGN, CVX, TSCO


Shutterstock photo

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Align Technology Inc (Symbol: ALGN), where a total volume of 7,577 contracts has been traded thus far today, a contract volume which is representative of approximately 757,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 97.1% of ALGN's average daily trading volume over the past month, of 780,530 shares. Particularly high volume was seen for the $335 strike put option expiring July 27, 2018 , with 275 contracts trading so far today, representing approximately 27,500 underlying shares of ALGN. Below is a chart showing ALGN's trailing twelve month trading history, with the $335 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

Chevron Corporation (Symbol: CVX) saw options trading volume of 45,864 contracts, representing approximately 4.6 million underlying shares or approximately 95.7% of CVX's average daily trading volume over the past month, of 4.8 million shares. Particularly high volume was seen for the $125 strike call option expiring August 17, 2018 , with 3,603 contracts trading so far today, representing approximately 360,300 underlying shares of CVX. Below is a chart showing CVX's trailing twelve month trading history, with the $125 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

And Tractor Supply Co. (Symbol: TSCO) saw options trading volume of 13,454 contracts, representing approximately 1.3 million underlying shares or approximately 92.7% of TSCO's average daily trading volume over the past month, of 1.5 million shares. Especially high volume was seen for the $85 strike put option expiring January 18, 2019 , with 4,505 contracts trading so far today, representing approximately 450,500 underlying shares of TSCO. Below is a chart showing TSCO's trailing twelve month trading history, with the $85 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

For the various different available expirations for ALGN options , CVX options , or TSCO 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: ALGN , CVX , TSCO



More from BNK Invest

Subscribe






BNK Invest
Contributor:

BNK Invest

Market News, Investing










Research Brokers before you trade

Want to trade FX?