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Noteworthy Tuesday Option Activity: ARAY, COH, BAX

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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Accuray Inc (Symbol: ARAY), where a total volume of 3,212 contracts has been traded thus far today, a contract volume which is representative of approximately 321,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51.2% of ARAY's average daily trading volume over the past month, of 627,320 shares. Particularly high volume was seen for the $5 strike put option expiring March 17, 2017 , with 1,550 contracts trading so far today, representing approximately 155,000 underlying shares of ARAY. Below is a chart showing ARAY's trailing twelve month trading history, with the $5 strike highlighted in orange:

Coach, Inc. (Symbol: COH) saw options trading volume of 15,082 contracts, representing approximately 1.5 million underlying shares or approximately 51.1% of COH's average daily trading volume over the past month, of 3.0 million shares. Especially high volume was seen for the $35.50 strike put option expiring February 03, 2017 , with 3,072 contracts trading so far today, representing approximately 307,200 underlying shares of COH. Below is a chart showing COH's trailing twelve month trading history, with the $35.50 strike highlighted in orange:

And Baxter International Inc. (Symbol: BAX) options are showing a volume of 12,869 contracts thus far today. That number of contracts represents approximately 1.3 million underlying shares, working out to a sizeable 49.5% of BAX's average daily trading volume over the past month, of 2.6 million shares. Particularly high volume was seen for the $49.50 strike call option expiring February 17, 2017 , with 9,677 contracts trading so far today, representing approximately 967,700 underlying shares of BAX. Below is a chart showing BAX's trailing twelve month trading history, with the $49.50 strike highlighted in orange:

For the various different available expirations for ARAY options , COH options , or BAX 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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