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Noteworthy Monday Option Activity: CRUS, TCX, SQ


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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cirrus Logic Inc (Symbol: CRUS), where a total volume of 6,462 contracts has been traded thus far today, a contract volume which is representative of approximately 646,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 69.1% of CRUS's average daily trading volume over the past month, of 935,200 shares. Especially high volume was seen for the $41.50 strike call option expiring July 20, 2018 , with 625 contracts trading so far today, representing approximately 62,500 underlying shares of CRUS. Below is a chart showing CRUS's trailing twelve month trading history, with the $41.50 strike highlighted in orange:

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Tucows Inc (Symbol: TCX) saw options trading volume of 467 contracts, representing approximately 46,700 underlying shares or approximately 66.3% of TCX's average daily trading volume over the past month, of 70,440 shares. Particularly high volume was seen for the $65 strike call option expiring November 16, 2018 , with 189 contracts trading so far today, representing approximately 18,900 underlying shares of TCX. Below is a chart showing TCX's trailing twelve month trading history, with the $65 strike highlighted in orange:

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And Square Inc (Symbol: SQ) options are showing a volume of 64,311 contracts thus far today. That number of contracts represents approximately 6.4 million underlying shares, working out to a sizeable 66.2% of SQ's average daily trading volume over the past month, of 9.7 million shares. Particularly high volume was seen for the $60 strike put option expiring July 20, 2018 , with 4,497 contracts trading so far today, representing approximately 449,700 underlying shares of SQ. Below is a chart showing SQ's trailing twelve month trading history, with the $60 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

For the various different available expirations for CRUS options , TCX options , or SQ 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: CRUS , TCX , SQ


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