Noteworthy Wednesday Option Activity: FNSR, CLVS, UAA

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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Finisar Corp (Symbol: FNSR), where a total volume of 40,921 contracts has been traded thus far today, a contract volume which is representative of approximately 4.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 106.4% of FNSR's average daily trading volume over the past month, of 3.8 million shares. Especially high volume was seen for the $24 strike call option expiring December 15, 2017 , with 4,465 contracts trading so far today, representing approximately 446,500 underlying shares of FNSR. Below is a chart showing FNSR's trailing twelve month trading history, with the $24 strike highlighted in orange:

Clovis Oncology Inc (Symbol: CLVS) saw options trading volume of 5,691 contracts, representing approximately 569,100 underlying shares or approximately 48.7% of CLVS's average daily trading volume over the past month, of 1.2 million shares. Especially high volume was seen for the $70 strike call option expiring April 20, 2018 , with 2,204 contracts trading so far today, representing approximately 220,400 underlying shares of CLVS. Below is a chart showing CLVS's trailing twelve month trading history, with the $70 strike highlighted in orange:

And Under Armour Inc (Symbol: UAA) saw options trading volume of 21,324 contracts, representing approximately 2.1 million underlying shares or approximately 46.3% of UAA's average daily trading volume over the past month, of 4.6 million shares. Especially high volume was seen for the $20 strike call option expiring January 19, 2018 , with 3,010 contracts trading so far today, representing approximately 301,000 underlying shares of UAA. Below is a chart showing UAA's trailing twelve month trading history, with the $20 strike highlighted in orange:

For the various different available expirations for FNSR options , CLVS options , or UAA 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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