Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Coherent Inc (COHR - Get Report), where a total volume of 1,700 contracts has been traded thus far today, a contract volume which is representative of approximately 170,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 65.5% of COHR's average daily trading volume over the past month, of 259,395 shares. Especially high volume was seen for the $260 strike call option expiring May 19, 2017, with 338 contracts trading so far today, representing approximately 33,800 underlying shares of COHR. Below is a chart showing COHR's trailing twelve month trading history, with the $260 strike highlighted in orange:Chimerix Inc. ( CMRX saw options trading volume of 1,710 contracts, representing approximately 171,000 underlying shares or approximately 59.9% of CMRX's average daily trading volume over the past month, of 285,540 shares. Especially high volume was seen for the $5 strike call option expiring November 17, 2017, with 1,700 contracts trading so far today, representing approximately 170,000 underlying shares of CMRX. Below is a chart showing CMRX's trailing twelve month trading history, with the $5 strike highlighted in orange: And Children's Place, Inc. ( PLCE saw options trading volume of 2,415 contracts, representing approximately 241,500 underlying shares or approximately 55.7% of PLCE's average daily trading volume over the past month, of 433,245 shares. Particularly high volume was seen for the $125 strike call option expiring May 19, 2017, with 1,402 contracts trading so far today, representing approximately 140,200 underlying shares of PLCE. Below is a chart showing PLCE's trailing twelve month trading history, with the $125 strike highlighted in orange: For the various different available expirations for COHR options, CMRX options, or PLCE options, visit StockOptionsChannel.com.
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
More from Stocks
Jim Cramer: My Bet's on the 'Ladies' in This Year's Draft
Analyzing this year's stock draft contest and individual stock-picking vs. indexing.
Ford Stock Jumps As Automaker Rolls Past Analyst Estimates
Ford shares shifted into overdrive in after-hours trading on Thursday as the No. 2 U.S. automaker cruised to a handy earnings beat.
NY Attorney General To Probe Facebook's Collection of Email Addresses: Report
Facebook uploaded the email contacts of 1.5 million new users without asking permission, but says it was "unintentional."
I Don't Like the Initial Reaction to the Amazon and Intel Reports
Intel is often a more important market leader than the FAANG names.