Notable Wednesday Option Activity: FDX, ATEN, FOSL

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in FedEx Corp (FDX), where a total volume of 8,535 contracts has been traded thus far today, a contract volume which is representative of approximately 853,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 41.8% of FDX's average daily trading volume over the past month, of 2.0 million shares. Especially high volume was seen for the $280 strike call option expiring February 16, 2018, with 385 contracts trading so far today, representing approximately 38,500 underlying shares of FDX. Below is a chart showing FDX's trailing twelve month trading history, with the $280 strike highlighted in orange:

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A10 Networks Inc ( ATEN) options are showing a volume of 1,413 contracts thus far today. That number of contracts represents approximately 141,300 underlying shares, working out to a sizeable 41.7% of ATEN's average daily trading volume over the past month, of 338,780 shares. Particularly high volume was seen for the $7.50 strike put option expiring January 19, 2018, with 1,232 contracts trading so far today, representing approximately 123,200 underlying shares of ATEN. Below is a chart showing ATEN's trailing twelve month trading history, with the $7.50 strike highlighted in orange:

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And Fossil Group Inc ( FOSL) saw options trading volume of 7,576 contracts, representing approximately 757,600 underlying shares or approximately 41.6% of FOSL's average daily trading volume over the past month, of 1.8 million shares. Especially high volume was seen for the $7 strike put option expiring March 16, 2018, with 3,502 contracts trading so far today, representing approximately 350,200 underlying shares of FOSL. Below is a chart showing FOSL's trailing twelve month trading history, with the $7 strike highlighted in orange:

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For the various different available expirations for FDX options, ATEN options, or FOSL options, visit StockOptionsChannel.com.

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