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: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: 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:
HOST // Robert Powell
Retirement Planning Event
More from Stocks
AMD Extends Gains After Google Picks Radeon GPUs for New Stadia Gaming Platform
Advanced Micro Devices shares extended gains in pre-market trading Wednesday after Alphabet said the chipmaker's Radeon GPUs, as well as its developer tools, will be used in Google's new video game streaming service Stadia.
FedEx, Federal Reserve, Google, AMD, Sage Therapeutics - 5 Things You Must Know
U.S. stock futures turn lower as investors await a key decision on interest rates from the Federal Reserve; FedEx sinks after issuing its second warning about fiscal 2019 profit; Google's new cloud-based video-game playing and sharing platform, Stadia, will be powered by chips made by Advanced Micro Devices.
JPMorgan Stock Is a Quality Play for Uncertain Times
With macroeconomic worries lingering, this is a good time to favor quality in the financial services sector. JPMorgan is a worthy contender.
Viacom Warns DirecTV Customers They Could Lose MTV, Comedy Central
Viacom warns 24 million DirecTV customers of an outage of its channels and accuses parent AT&T of abusing newfound powers.
EU Regulators Hit Google With $1.7 Billion Fine Following AdSense Probe
EU antitrust regulators fined Google parent Alphabet $1.7 billion for unfairly restricting rivals from displaying ads on its platform via third parties using its AdSense tool.