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Noteworthy Tuesday Option Activity: RIG, COUP, VIAB


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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Transocean Ltd (Symbol: RIG), where a total volume of 54,424 contracts has been traded thus far today, a contract volume which is representative of approximately 5.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48% of RIG's average daily trading volume over the past month, of 11.3 million shares. Especially high volume was seen for the $12 strike call option expiring January 18, 2019 , with 25,530 contracts trading so far today, representing approximately 2.6 million underlying shares of RIG. Below is a chart showing RIG's trailing twelve month trading history, with the $12 strike highlighted in orange:

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Coupa Software Inc (Symbol: COUP) saw options trading volume of 2,710 contracts, representing approximately 271,000 underlying shares or approximately 47.8% of COUP's average daily trading volume over the past month, of 567,330 shares. Particularly high volume was seen for the $70 strike put option expiring September 21, 2018 , with 554 contracts trading so far today, representing approximately 55,400 underlying shares of COUP. Below is a chart showing COUP's trailing twelve month trading history, with the $70 strike highlighted in orange:

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And Viacom Inc (Symbol: VIAB) options are showing a volume of 13,689 contracts thus far today. That number of contracts represents approximately 1.4 million underlying shares, working out to a sizeable 47.7% of VIAB's average daily trading volume over the past month, of 2.9 million shares. Especially high volume was seen for the $30 strike call option expiring October 05, 2018 , with 11,467 contracts trading so far today, representing approximately 1.1 million underlying shares of VIAB. Below is a chart showing VIAB's trailing twelve month trading history, with the $30 strike highlighted in orange:

Loading+chart++2018+TickerTech.com

For the various different available expirations for RIG options , COUP options , or VIAB 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: RIG , COUP , VIAB



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