Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Vera Bradley Inc. (Symbol: VRA), where a total volume of 1,039 contracts has been traded thus far today, a contract volume which is representative of approximately 103,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.9% of VRA's average daily trading volume over the past month, of 212,310 shares. Particularly high volume was seen for the $10 strike put option expiring February 21, 2020, with 1,036 contracts trading so far today, representing approximately 103,600 underlying shares of VRA. Below is a chart showing VRA's trailing twelve month trading history, with the $10 strike highlighted in orange:
Clovis Oncology Inc (Symbol: CLVS) saw options trading volume of 10,705 contracts, representing approximately 1.1 million underlying shares or approximately 48.6% of CLVS's average daily trading volume over the past month, of 2.2 million shares. Particularly high volume was seen for the $7 strike put option expiring August 16, 2019, with 2,273 contracts trading so far today, representing approximately 227,300 underlying shares of CLVS. Below is a chart showing CLVS's trailing twelve month trading history, with the $7 strike highlighted in orange:
And Tractor Supply Co. (Symbol: TSCO) options are showing a volume of 6,000 contracts thus far today. That number of contracts represents approximately 600,000 underlying shares, working out to a sizeable 48.2% of TSCO's average daily trading volume over the past month, of 1.2 million shares. Especially high volume was seen for the $120 strike call option expiring September 20, 2019, with 1,260 contracts trading so far today, representing approximately 126,000 underlying shares of TSCO. Below is a chart showing TSCO's trailing twelve month trading history, with the $120 strike highlighted in orange:
For the various different available expirations for VRA options, CLVS options, or TSCO 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.
