Notable Thursday Option Activity: CREE, TWLO, TRCO

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Cree Inc (Symbol: CREE), where a total of 6,981 contracts have traded so far, representing approximately 698,100 underlying shares. That amounts to about 50.8% of CREE's average daily trading volume over the past month of 1.4 million shares. Especially high volume was seen for the $45 strike call option expiring December 07, 2018 , with 2,483 contracts trading so far today, representing approximately 248,300 underlying shares of CREE. Below is a chart showing CREE's trailing twelve month trading history, with the $45 strike highlighted in orange:

Twilio Inc (Symbol: TWLO) options are showing a volume of 32,771 contracts thus far today. That number of contracts represents approximately 3.3 million underlying shares, working out to a sizeable 49.3% of TWLO's average daily trading volume over the past month, of 6.6 million shares. Particularly high volume was seen for the $90 strike call option expiring February 15, 2019 , with 4,677 contracts trading so far today, representing approximately 467,700 underlying shares of TWLO. Below is a chart showing TWLO's trailing twelve month trading history, with the $90 strike highlighted in orange:

And Tribune Media Co (Symbol: TRCO) saw options trading volume of 6,689 contracts, representing approximately 668,900 underlying shares or approximately 48.8% of TRCO's average daily trading volume over the past month, of 1.4 million shares. Particularly high volume was seen for the $45 strike call option expiring January 18, 2019 , with 3,040 contracts trading so far today, representing approximately 304,000 underlying shares of TRCO. Below is a chart showing TRCO's trailing twelve month trading history, with the $45 strike highlighted in orange:

For the various different available expirations for CREE options , TWLO options , or TRCO options , visit StockOptionsChannel.com.

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