Markets

Notable Monday Option Activity: SBUX, NVRO, MCHP

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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Starbucks Corp. (Symbol: SBUX), where a total volume of 40,903 contracts has been traded thus far today, a contract volume which is representative of approximately 4.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 41.9% of SBUX's average daily trading volume over the past month, of 9.8 million shares. Particularly high volume was seen for the $50 strike put option expiring April 20, 2018 , with 13,826 contracts trading so far today, representing approximately 1.4 million underlying shares of SBUX. Below is a chart showing SBUX's trailing twelve month trading history, with the $50 strike highlighted in orange:

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Nevro Corp (Symbol: NVRO) saw options trading volume of 1,139 contracts, representing approximately 113,900 underlying shares or approximately 41.7% of NVRO's average daily trading volume over the past month, of 272,895 shares. Especially high volume was seen for the $85 strike put option expiring November 17, 2017 , with 386 contracts trading so far today, representing approximately 38,600 underlying shares of NVRO. Below is a chart showing NVRO's trailing twelve month trading history, with the $85 strike highlighted in orange:

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And Microchip Technology Inc (Symbol: MCHP) options are showing a volume of 5,964 contracts thus far today. That number of contracts represents approximately 596,400 underlying shares, working out to a sizeable 41.6% of MCHP's average daily trading volume over the past month, of 1.4 million shares. Particularly high volume was seen for the $95 strike call option expiring November 17, 2017 , with 1,125 contracts trading so far today, representing approximately 112,500 underlying shares of MCHP. Below is a chart showing MCHP's trailing twelve month trading history, with the $95 strike highlighted in orange:

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For the various different available expirations for SBUX options , NVRO options , or MCHP 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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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