Credit: Shutterstock photoLooking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cleveland-Cliffs Inc (Symbol: CLF), where a total volume of 47,686 contracts has been traded thus far today, a contract volume which is representative of approximately 4.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 57.2% of CLF's average daily trading volume over the past month, of 8.3 million shares. Especially high volume was seen for the $10.50 strike put option expiring October 19, 2018 , with 5,680 contracts trading so far today, representing approximately 568,000 underlying shares of CLF. Below is a chart showing CLF's trailing twelve month trading history, with the $10.50 strike highlighted in orange:
Mirati Therapeutics Inc (Symbol: MRTX) saw options trading volume of 4,144 contracts, representing approximately 414,400 underlying shares or approximately 57% of MRTX's average daily trading volume over the past month, of 726,520 shares. Particularly high volume was seen for the $40 strike call option expiring October 19, 2018 , with 2,381 contracts trading so far today, representing approximately 238,100 underlying shares of MRTX. Below is a chart showing MRTX's trailing twelve month trading history, with the $40 strike highlighted in orange:
And Athenahealth Inc (Symbol: ATHN) saw options trading volume of 3,404 contracts, representing approximately 340,400 underlying shares or approximately 56.7% of ATHN's average daily trading volume over the past month, of 600,315 shares. Particularly high volume was seen for the $120 strike put option expiring November 16, 2018 , with 605 contracts trading so far today, representing approximately 60,500 underlying shares of ATHN. Below is a chart showing ATHN's trailing twelve month trading history, with the $120 strike highlighted in orange:
For the various different available expirations for CLF options , MRTX options , or ATHN 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.
