Noteworthy Tuesday Option Activity: NYMX, RIGL, CIEN

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Nymox Pharmaceutical Corp (NYMX), where a total volume of 1,421 contracts has been traded thus far today, a contract volume which is representative of approximately 142,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 118.8% of NYMX's average daily trading volume over the past month, of 119,605 shares. Especially high volume was seen for the $4 strike call option expiring April 20, 2018, with 500 contracts trading so far today, representing approximately 50,000 underlying shares of NYMX. Below is a chart showing NYMX's trailing twelve month trading history, with the $4 strike highlighted in orange:

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Rigel Pharmaceuticals Inc ( RIGL) saw options trading volume of 10,220 contracts, representing approximately 1.0 million underlying shares or approximately 110.3% of RIGL's average daily trading volume over the past month, of 926,940 shares. Especially high volume was seen for the $2.50 strike put option expiring April 20, 2018, with 6,116 contracts trading so far today, representing approximately 611,600 underlying shares of RIGL. Below is a chart showing RIGL's trailing twelve month trading history, with the $2.50 strike highlighted in orange:

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And Ciena Corp ( CIEN) saw options trading volume of 36,339 contracts, representing approximately 3.6 million underlying shares or approximately 105% of CIEN's average daily trading volume over the past month, of 3.5 million shares. Particularly high volume was seen for the $26 strike call option expiring March 16, 2018, with 4,271 contracts trading so far today, representing approximately 427,100 underlying shares of CIEN. Below is a chart showing CIEN's trailing twelve month trading history, with the $26 strike highlighted in orange:

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For the various different available expirations for NYMX options, RIGL options, or CIEN options, visit StockOptionsChannel.com.

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