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Noteworthy Wednesday Option Activity: TTPH, HLT, GD


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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Tetraphase Pharmaceuticals, Inc (Symbol: TTPH), where a total volume of 3,958 contracts has been traded thus far today, a contract volume which is representative of approximately 395,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 72.4% of TTPH's average daily trading volume over the past month, of 546,885 shares. Especially high volume was seen for the $10 strike call option expiring August 18, 2017 , with 1,791 contracts trading so far today, representing approximately 179,100 underlying shares of TTPH. Below is a chart showing TTPH's trailing twelve month trading history, with the $10 strike highlighted in orange:

Loading+chart++2017+TickerTech.com

Hilton Worldwide Holdings Inc (Symbol: HLT) options are showing a volume of 15,999 contracts thus far today. That number of contracts represents approximately 1.6 million underlying shares, working out to a sizeable 54.3% of HLT's average daily trading volume over the past month, of 2.9 million shares. Particularly high volume was seen for the $65 strike call option expiring September 15, 2017 , with 7,896 contracts trading so far today, representing approximately 789,600 underlying shares of HLT. Below is a chart showing HLT's trailing twelve month trading history, with the $65 strike highlighted in orange:

Loading+chart++2017+TickerTech.com

And General Dynamics Corp. (Symbol: GD) options are showing a volume of 5,332 contracts thus far today. That number of contracts represents approximately 533,200 underlying shares, working out to a sizeable 51.7% of GD's average daily trading volume over the past month, of 1.0 million shares. Especially high volume was seen for the $195 strike put option expiring August 18, 2017 , with 1,141 contracts trading so far today, representing approximately 114,100 underlying shares of GD. Below is a chart showing GD's trailing twelve month trading history, with the $195 strike highlighted in orange:

Loading+chart++2017+TickerTech.com

For the various different available expirations for TTPH options , HLT options , or GD 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: TTPH , HLT , GD



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