Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Accelerate Diagnostics Inc (Symbol: AXDX), where a total volume of 1,362 contracts has been traded thus far today, a contract volume which is representative of approximately 136,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 79.7% of AXDX's average daily trading volume over the past month, of 170,835 shares. Especially high volume was seen for the $15 strike put option expiring August 16, 2019, with 466 contracts trading so far today, representing approximately 46,600 underlying shares of AXDX. Below is a chart showing AXDX's trailing twelve month trading history, with the $15 strike highlighted in orange:
GEO Group Inc (Symbol: GEO) options are showing a volume of 10,739 contracts thus far today. That number of contracts represents approximately 1.1 million underlying shares, working out to a sizeable 79.2% of GEO's average daily trading volume over the past month, of 1.4 million shares. Particularly high volume was seen for the $19 strike call option expiring September 20, 2019, with 3,139 contracts trading so far today, representing approximately 313,900 underlying shares of GEO. Below is a chart showing GEO's trailing twelve month trading history, with the $19 strike highlighted in orange:
And Tempur Sealy International, Inc. (Symbol: TPX) options are showing a volume of 6,671 contracts thus far today. That number of contracts represents approximately 667,100 underlying shares, working out to a sizeable 76.9% of TPX's average daily trading volume over the past month, of 867,110 shares. Especially high volume was seen for the $75 strike put option expiring August 16, 2019, with 3,116 contracts trading so far today, representing approximately 311,600 underlying shares of TPX. Below is a chart showing TPX's trailing twelve month trading history, with the $75 strike highlighted in orange:
For the various different available expirations for AXDX options, GEO options, or TPX options, visit StockOptionsChannel.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
