Markets

Noteworthy Thursday Option Activity: ANAC, CACC, BMRN

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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Anacor Pharmaceuticals Inc (Symbol: ANAC), where a total volume of 15,723 contracts has been traded thus far today, a contract volume which is representative of approximately 1.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42.4% of ANAC's average daily trading volume over the past month, of 3.7 million shares. Especially high volume was seen for the $100 strike call option expiring August 19, 2016 , with 9,402 contracts trading so far today, representing approximately 940,200 underlying shares of ANAC. Below is a chart showing ANAC's trailing twelve month trading history, with the $100 strike highlighted in orange:

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Credit Acceptance Corp (Symbol: CACC) options are showing a volume of 1,050 contracts thus far today. That number of contracts represents approximately 105,000 underlying shares, working out to a sizeable 41.8% of CACC's average daily trading volume over the past month, of 250,915 shares. Particularly high volume was seen for the $170 strike put option expiring June 17, 2016 , with 1,002 contracts trading so far today, representing approximately 100,200 underlying shares of CACC. Below is a chart showing CACC's trailing twelve month trading history, with the $170 strike highlighted in orange:

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And BioMarin Pharmaceutical Inc. (Symbol: BMRN) saw options trading volume of 4,558 contracts, representing approximately 455,800 underlying shares or approximately 40.7% of BMRN's average daily trading volume over the past month, of 1.1 million shares. Especially high volume was seen for the $90 strike call option expiring July 15, 2016 , with 1,159 contracts trading so far today, representing approximately 115,900 underlying shares of BMRN. Below is a chart showing BMRN's trailing twelve month trading history, with the $90 strike highlighted in orange:

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For the various different available expirations for ANAC options , CACC options , or BMRN options , visit StockOptionsChannel.com.

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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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