Credit: Shutterstock photoLooking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Tetraphase Pharmaceuticals, Inc (Symbol: TTPH), where a total volume of 3,958 contracts has been traded thus far today, a contract volume which is representative of approximately 395,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 72.4% of TTPH's average daily trading volume over the past month, of 546,885 shares. Especially high volume was seen for the $10 strike call option expiring August 18, 2017 , with 1,791 contracts trading so far today, representing approximately 179,100 underlying shares of TTPH. Below is a chart showing TTPH's trailing twelve month trading history, with the $10 strike highlighted in orange:
Hilton Worldwide Holdings Inc (Symbol: HLT) options are showing a volume of 15,999 contracts thus far today. That number of contracts represents approximately 1.6 million underlying shares, working out to a sizeable 54.3% of HLT's average daily trading volume over the past month, of 2.9 million shares. Particularly high volume was seen for the $65 strike call option expiring September 15, 2017 , with 7,896 contracts trading so far today, representing approximately 789,600 underlying shares of HLT. Below is a chart showing HLT's trailing twelve month trading history, with the $65 strike highlighted in orange:
And General Dynamics Corp. (Symbol: GD) options are showing a volume of 5,332 contracts thus far today. That number of contracts represents approximately 533,200 underlying shares, working out to a sizeable 51.7% of GD's average daily trading volume over the past month, of 1.0 million shares. Especially high volume was seen for the $195 strike put option expiring August 18, 2017 , with 1,141 contracts trading so far today, representing approximately 114,100 underlying shares of GD. Below is a chart showing GD's trailing twelve month trading history, with the $195 strike highlighted in orange:
For the various different available expirations for TTPH options , HLT options , or GD options , visit StockOptionsChannel.com.
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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.
