Notable Monday Option Activity: WATT, GTN, INSY

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Energous Corp ( WATT), where a total volume of 3,106 contracts has been traded thus far today, a contract volume which is representative of approximately 310,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 58% of WATT's average daily trading volume over the past month, of 535,615 shares. Especially high volume was seen for the $10 strike put option expiring December 16, 2016, with 406 contracts trading so far today, representing approximately 40,600 underlying shares of WATT. Below is a chart showing WATT's trailing twelve month trading history, with the $10 strike highlighted in orange:

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

Gray Television Inc ( GTN) saw options trading volume of 4,247 contracts, representing approximately 424,700 underlying shares or approximately 55.6% of GTN's average daily trading volume over the past month, of 764,210 shares. Particularly high volume was seen for the $10 strike put option expiring December 16, 2016, with 1,375 contracts trading so far today, representing approximately 137,500 underlying shares of GTN. Below is a chart showing GTN's trailing twelve month trading history, with the $10 strike highlighted in orange:

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And Insys Therapeutics Inc ( INSY) saw options trading volume of 3,105 contracts, representing approximately 310,500 underlying shares or approximately 54.4% of INSY's average daily trading volume over the past month, of 570,860 shares. Particularly high volume was seen for the $13 strike call option expiring May 19, 2017, with 620 contracts trading so far today, representing approximately 62,000 underlying shares of INSY. Below is a chart showing INSY's trailing twelve month trading history, with the $13 strike highlighted in orange:

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