Noteworthy Monday Option Activity: TUES, TIF, PNRA

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Tuesday Morning Corp. (TUES), where a total volume of 2,150 contracts has been traded thus far today, a contract volume which is representative of approximately 215,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.8% of TUES's average daily trading volume over the past month, of 423,470 shares. Particularly high volume was seen for the $5 strike put option expiring December 16, 2016, with 1,075 contracts trading so far today, representing approximately 107,500 underlying shares of TUES. Below is a chart showing TUES's trailing twelve month trading history, with the $5 strike highlighted in orange:

Loading+chart++2016+TickerTech.com

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

Tiffany & Co. ( TIF) options are showing a volume of 7,437 contracts thus far today. That number of contracts represents approximately 743,700 underlying shares, working out to a sizeable 45.8% of TIF's average daily trading volume over the past month, of 1.6 million shares. Particularly high volume was seen for the $82 strike call option expiring December 02, 2016, with 2,056 contracts trading so far today, representing approximately 205,600 underlying shares of TIF. Below is a chart showing TIF's trailing twelve month trading history, with the $82 strike highlighted in orange:

Loading+chart++2016+TickerTech.com

And Panera Bread Co ( PNRA) options are showing a volume of 2,272 contracts thus far today. That number of contracts represents approximately 227,200 underlying shares, working out to a sizeable 43.2% of PNRA's average daily trading volume over the past month, of 526,295 shares. Especially high volume was seen for the $185 strike put option expiring February 17, 2017, with 1,660 contracts trading so far today, representing approximately 166,000 underlying shares of PNRA. Below is a chart showing PNRA's trailing twelve month trading history, with the $185 strike highlighted in orange:

Loading+chart++2016+TickerTech.com

For the various different available expirations for TUES options, TIF options, or PNRA options, visit StockOptionsChannel.com.

More from Stocks

General Electric Slips as Cowen Suggests Culp Needs to Take Action

General Electric Slips as Cowen Suggests Culp Needs to Take Action

Investors Face Growing Opportunities and Challenges in Cannabis

Investors Face Growing Opportunities and Challenges in Cannabis

J.C. Penney Shares Have Plunged 64% Since Quant Ratings Downgrade

J.C. Penney Shares Have Plunged 64% Since Quant Ratings Downgrade

The 'Fear of Missing Out' Is Missing

The 'Fear of Missing Out' Is Missing

Bye, Bye, Bye Sears: The Week Ahead

Bye, Bye, Bye Sears: The Week Ahead