Markets

Noteworthy Tuesday Option Activity: CLVS, ARIA, AJRD

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Clovis Oncology Inc (Symbol: CLVS), where a total volume of 16,520 contracts has been traded thus far today, a contract volume which is representative of approximately 1.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.4% of CLVS's average daily trading volume over the past month, of 3.3 million shares. Especially high volume was seen for the $35 strike call option expiring January 15, 2016 , with 7,274 contracts trading so far today, representing approximately 727,400 underlying shares of CLVS. Below is a chart showing CLVS's trailing twelve month trading history, with the $35 strike highlighted in orange:

ARIAD Pharmaceuticals, Inc. (Symbol: ARIA) options are showing a volume of 13,793 contracts thus far today. That number of contracts represents approximately 1.4 million underlying shares, working out to a sizeable 49.5% of ARIA's average daily trading volume over the past month, of 2.8 million shares. Especially high volume was seen for the $6 strike put option expiring December 18, 2015 , with 5,278 contracts trading so far today, representing approximately 527,800 underlying shares of ARIA. Below is a chart showing ARIA's trailing twelve month trading history, with the $6 strike highlighted in orange:

And Aerojet Rocketdyne Holdings Inc (Symbol: AJRD) saw options trading volume of 1,351 contracts, representing approximately 135,100 underlying shares or approximately 47.8% of AJRD's average daily trading volume over the past month, of 282,765 shares. Especially high volume was seen for the $20 strike call option expiring December 18, 2015 , with 1,026 contracts trading so far today, representing approximately 102,600 underlying shares of AJRD. Below is a chart showing AJRD's trailing twelve month trading history, with the $20 strike highlighted in orange:

For the various different available expirations for CLVS options , ARIA options , or AJRD 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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