Noteworthy Tuesday Option Activity: RCUS, JPM, LNG

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Arcus Biosciences Inc (Symbol: RCUS), where a total volume of 5,925 contracts has been traded thus far today, a contract volume which is representative of approximately 592,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 81% of RCUS's average daily trading volume over the past month, of 731,045 shares. Especially high volume was seen for the $15 strike call option expiring June 21, 2024, with 3,611 contracts trading so far today, representing approximately 361,100 underlying shares of RCUS. Below is a chart showing RCUS's trailing twelve month trading history, with the $15 strike highlighted in orange:

JPMorgan Chase & Co (Symbol: JPM) options are showing a volume of 69,926 contracts thus far today. That number of contracts represents approximately 7.0 million underlying shares, working out to a sizeable 77.9% of JPM's average daily trading volume over the past month, of 9.0 million shares. Particularly high volume was seen for the $200 strike call option expiring June 21, 2024, with 9,652 contracts trading so far today, representing approximately 965,200 underlying shares of JPM. Below is a chart showing JPM's trailing twelve month trading history, with the $200 strike highlighted in orange:

And Cheniere Energy Inc. (Symbol: LNG) saw options trading volume of 10,309 contracts, representing approximately 1.0 million underlying shares or approximately 67.1% of LNG's average daily trading volume over the past month, of 1.5 million shares. Especially high volume was seen for the $155 strike put option expiring July 19, 2024, with 4,059 contracts trading so far today, representing approximately 405,900 underlying shares of LNG. Below is a chart showing LNG's trailing twelve month trading history, with the $155 strike highlighted in orange:

For the various different available expirations for RCUS options, JPM options, or LNG options, visit StockOptionsChannel.com.

Today's Most Active Call & Put Options of the S&P 500 »

Also see:

• ETFs With Notable Outflows
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• Top Ten Hedge Funds Holding AKS

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