Notable Wednesday Option Activity: RVNC, HLF, BURL

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Revance Therapeutics Inc (RVNC), where a total volume of 801 contracts has been traded thus far today, a contract volume which is representative of approximately 80,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 56.9% of RVNC's average daily trading volume over the past month, of 140,715 shares. Particularly high volume was seen for the $30 strike call option expiring October 20, 2017, with 605 contracts trading so far today, representing approximately 60,500 underlying shares of RVNC. Below is a chart showing RVNC's trailing twelve month trading history, with the $30 strike highlighted in orange:

Loading+chart++2017+TickerTech.com

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

Herbalife Ltd ( HLF) saw options trading volume of 4,288 contracts, representing approximately 428,800 underlying shares or approximately 56.5% of HLF's average daily trading volume over the past month, of 759,275 shares. Especially high volume was seen for the $80 strike call option expiring October 20, 2017, with 1,325 contracts trading so far today, representing approximately 132,500 underlying shares of HLF. Below is a chart showing HLF's trailing twelve month trading history, with the $80 strike highlighted in orange:

Loading+chart++2017+TickerTech.com

And Burlington Stores Inc ( BURL) options are showing a volume of 5,333 contracts thus far today. That number of contracts represents approximately 533,300 underlying shares, working out to a sizeable 56.3% of BURL's average daily trading volume over the past month, of 947,345 shares. Particularly high volume was seen for the $95 strike call option expiring October 20, 2017, with 2,680 contracts trading so far today, representing approximately 268,000 underlying shares of BURL. Below is a chart showing BURL's trailing twelve month trading history, with the $95 strike highlighted in orange:

Loading+chart++2017+TickerTech.com

For the various different available expirations for RVNC options, HLF options, or BURL options, visit StockOptionsChannel.com.

More from Stocks

Dow Slips for Fifth Day in Seven, Led Lower by IBM, Home Depot

Dow Slips for Fifth Day in Seven, Led Lower by IBM, Home Depot

Jim Cramer Dives Into Cannabis and IBM Earnings

Jim Cramer Dives Into Cannabis and IBM Earnings

Chart of the Day: Applied Materials Selling Stops as Signs of Recovery Emerge

Chart of the Day: Applied Materials Selling Stops as Signs of Recovery Emerge

How a No Deal Brexit Would Impact U.K. Stocks

How a No Deal Brexit Would Impact U.K. Stocks

Former eBay Director Charged With Insider Trading

Former eBay Director Charged With Insider Trading