Markets

Notable Thursday Option Activity: TSLA, XON, TROX

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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Tesla Motors Inc (Symbol: TSLA), where a total volume of 62,939 contracts has been traded thus far today, a contract volume which is representative of approximately 6.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 146.2% of TSLA's average daily trading volume over the past month, of 4.3 million shares. Especially high volume was seen for the $215 strike put option expiring June 17, 2016 , with 5,301 contracts trading so far today, representing approximately 530,100 underlying shares of TSLA. Below is a chart showing TSLA's trailing twelve month trading history, with the $215 strike highlighted in orange:

Intrexon Corp (Symbol: XON) saw options trading volume of 19,675 contracts, representing approximately 2.0 million underlying shares or approximately 137.4% of XON's average daily trading volume over the past month, of 1.4 million shares. Particularly high volume was seen for the $20 strike put option expiring July 15, 2016 , with 10,703 contracts trading so far today, representing approximately 1.1 million underlying shares of XON. Below is a chart showing XON's trailing twelve month trading history, with the $20 strike highlighted in orange:

And Tronox Ltd (Symbol: TROX) options are showing a volume of 12,441 contracts thus far today. That number of contracts represents approximately 1.2 million underlying shares, working out to a sizeable 110.5% of TROX's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $8 strike call option expiring January 20, 2017 , with 12,407 contracts trading so far today, representing approximately 1.2 million underlying shares of TROX. Below is a chart showing TROX's trailing twelve month trading history, with the $8 strike highlighted in orange:

For the various different available expirations for TSLA options , XON options , or TROX 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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