EDIT

Notable Wednesday Option Activity: CELG, X, EDIT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Celgene Corp (Symbol: CELG), where a total volume of 35,562 contracts has been traded thus far today, a contract volume which is representative of approximately 3.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.9% of CELG's average daily trading volume over the past month, of 8.1 million shares. Especially high volume was seen for the $95 strike call option expiring April 20, 2018 , with 4,838 contracts trading so far today, representing approximately 483,800 underlying shares of CELG. Below is a chart showing CELG's trailing twelve month trading history, with the $95 strike highlighted in orange:

United States Steel Corp. (Symbol: X) options are showing a volume of 69,310 contracts thus far today. That number of contracts represents approximately 6.9 million underlying shares, working out to a sizeable 42.9% of X's average daily trading volume over the past month, of 16.1 million shares. Particularly high volume was seen for the $50 strike call option expiring March 16, 2018 , with 4,332 contracts trading so far today, representing approximately 433,200 underlying shares of X. Below is a chart showing X's trailing twelve month trading history, with the $50 strike highlighted in orange:

And Editas Medicine Inc (Symbol: EDIT) saw options trading volume of 6,181 contracts, representing approximately 618,100 underlying shares or approximately 42.9% of EDIT's average daily trading volume over the past month, of 1.4 million shares. Particularly high volume was seen for the $40 strike call option expiring March 16, 2018 , with 1,174 contracts trading so far today, representing approximately 117,400 underlying shares of EDIT. Below is a chart showing EDIT's trailing twelve month trading history, with the $40 strike highlighted in orange:

For the various different available expirations for CELG options , X options , or EDIT 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.

More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.