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Noteworthy Wednesday Option Activity: X, ANET, WATT


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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in United States Steel Corp. (Symbol: X), where a total volume of 54,867 contracts has been traded thus far today, a contract volume which is representative of approximately 5.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45% of X's average daily trading volume over the past month, of 12.2 million shares. Particularly high volume was seen for the $39 strike put option expiring February 16, 2018 , with 5,011 contracts trading so far today, representing approximately 501,100 underlying shares of X. Below is a chart showing X's trailing twelve month trading history, with the $39 strike highlighted in orange:

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Arista Networks Inc (Symbol: ANET) saw options trading volume of 4,109 contracts, representing approximately 410,900 underlying shares or approximately 45% of ANET's average daily trading volume over the past month, of 912,570 shares. Particularly high volume was seen for the $280 strike put option expiring February 16, 2018 , with 276 contracts trading so far today, representing approximately 27,600 underlying shares of ANET. Below is a chart showing ANET's trailing twelve month trading history, with the $280 strike highlighted in orange:

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And Energous Corp (Symbol: WATT) options are showing a volume of 11,221 contracts thus far today. That number of contracts represents approximately 1.1 million underlying shares, working out to a sizeable 44.2% of WATT's average daily trading volume over the past month, of 2.5 million shares. Especially high volume was seen for the $20 strike call option expiring February 16, 2018 , with 1,361 contracts trading so far today, representing approximately 136,100 underlying shares of WATT. Below is a chart showing WATT's trailing twelve month trading history, with the $20 strike highlighted in orange:

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For the various different available expirations for X options , ANET options , or WATT 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: X , ANET , WATT



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