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Noteworthy Tuesday Option Activity: PANW, YELP, HALO

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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Palo Alto Networks, Inc (Symbol: PANW), where a total volume of 6,378 contracts has been traded thus far today, a contract volume which is representative of approximately 637,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.1% of PANW's average daily trading volume over the past month, of 1.4 million shares. Especially high volume was seen for the $150 strike call option expiring March 17, 2017 , with 3,027 contracts trading so far today, representing approximately 302,700 underlying shares of PANW. Below is a chart showing PANW's trailing twelve month trading history, with the $150 strike highlighted in orange:

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Yelp Inc (Symbol: YELP) saw options trading volume of 12,461 contracts, representing approximately 1.2 million underlying shares or approximately 47% of YELP's average daily trading volume over the past month, of 2.7 million shares. Particularly high volume was seen for the $38 strike call option expiring March 17, 2017 , with 4,311 contracts trading so far today, representing approximately 431,100 underlying shares of YELP. Below is a chart showing YELP's trailing twelve month trading history, with the $38 strike highlighted in orange:

Loading+chart++2017+TickerTech.com

And Halozyme Therapeutics Inc (Symbol: HALO) options are showing a volume of 6,746 contracts thus far today. That number of contracts represents approximately 674,600 underlying shares, working out to a sizeable 46.6% of HALO's average daily trading volume over the past month, of 1.4 million shares. Especially high volume was seen for the $14 strike call option expiring March 17, 2017 , with 4,129 contracts trading so far today, representing approximately 412,900 underlying shares of HALO. Below is a chart showing HALO's trailing twelve month trading history, with the $14 strike highlighted in orange:

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For the various different available expirations for PANW options , YELP options , or HALO 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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