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Notable Tuesday Option Activity: ATGE, COH, OCLR

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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Adtalem Global Education Inc (Symbol: ATGE), where a total volume of 5,007 contracts has been traded thus far today, a contract volume which is representative of approximately 500,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 57.7% of ATGE’s average daily trading volume over the past month, of 868,480 shares. Particularly high volume was seen for the $35 strike put option expiring June 16, 2017 , with 5,000 contracts trading so far today, representing approximately 500,000 underlying shares of ATGE. Below is a chart showing ATGE’s trailing twelve month trading history, with the $35 strike highlighted in orange:

Coach Inc (Symbol: COH) saw options trading volume of 20,783 contracts, representing approximately 2.1 million underlying shares or approximately 57.7% of COH’s average daily trading volume over the past month, of 3.6 million shares. Particularly high volume was seen for the $43 strike call option expiring June 16, 2017 , with 9,216 contracts trading so far today, representing approximately 921,600 underlying shares of COH. Below is a chart showing COH’s trailing twelve month trading history, with the $43 strike highlighted in orange: And Oclaro Inc. (Symbol: OCLR) options are showing a volume of 50,004 contracts thus far today. That number of contracts represents approximately 5.0 million underlying shares, working out to a sizeable 55.9% of OCLR’s average daily trading volume over the past month, of 8.9 million shares. Especially high volume was seen for the $11 strike call option expiring July 21, 2017 , with 6,258 contracts trading so far today, representing approximately 625,800 underlying shares of OCLR. Below is a chart showing OCLR’s trailing twelve month trading history, with the $11 strike highlighted in orange: For the various different available expirations for ATGE options , COH options , or OCLR 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.


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