Noteworthy Friday Option Activity: NVCR, VHC, TERP

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in NovoCure Ltd (NVCR), where a total volume of 2,164 contracts has been traded thus far today, a contract volume which is representative of approximately 216,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 54.1% of NVCR's average daily trading volume over the past month, of 400,365 shares. Especially high volume was seen for the $10 strike call option expiring December 16, 2016, with 1,011 contracts trading so far today, representing approximately 101,100 underlying shares of NVCR. Below is a chart showing NVCR's trailing twelve month trading history, with the $10 strike highlighted in orange:

Loading+chart++2016+TickerTech.com

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

VirnetX Holding Corp ( VHC) saw options trading volume of 1,735 contracts, representing approximately 173,500 underlying shares or approximately 53.9% of VHC's average daily trading volume over the past month, of 321,665 shares. Especially high volume was seen for the $2 strike put option expiring December 16, 2016, with 450 contracts trading so far today, representing approximately 45,000 underlying shares of VHC. Below is a chart showing VHC's trailing twelve month trading history, with the $2 strike highlighted in orange:

Loading+chart++2016+TickerTech.com

And TerraForm Power Inc ( TERP) saw options trading volume of 3,993 contracts, representing approximately 399,300 underlying shares or approximately 49.8% of TERP's average daily trading volume over the past month, of 802,230 shares. Especially high volume was seen for the $15 strike call option expiring December 16, 2016, with 2,500 contracts trading so far today, representing approximately 250,000 underlying shares of TERP. Below is a chart showing TERP's trailing twelve month trading history, with the $15 strike highlighted in orange:

Loading+chart++2016+TickerTech.com

For the various different available expirations for NVCR options, VHC options, or TERP options, visit StockOptionsChannel.com.

More from Stocks

Is Tesla Really Being Sabotaged?

Is Tesla Really Being Sabotaged?

LIVE NOW: TheStreet's Top Columnists Take Your Questions on What Stocks to Buy

LIVE NOW: TheStreet's Top Columnists Take Your Questions on What Stocks to Buy

Beware of the Coming Economic Debt Bomb

Beware of the Coming Economic Debt Bomb

Dow Tumbles as Trump Ratchets Up China Trade Fight

Dow Tumbles as Trump Ratchets Up China Trade Fight

Why GE's Stock Has Fallen 15% in the Last 30 Days

Why GE's Stock Has Fallen 15% in the Last 30 Days