Noteworthy Friday Option Activity: BHVN, CYH, SLAB
Stock Options Channel Staff - Friday, July 21, 3:28 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Biohaven Ltd (BHVN), where a total of 3,645 contracts have traded so far, representing approximately 364,500 underlying shares. That amounts to about 44.6% of BHVN's average daily trading volume over the past month of 817,255 shares. Especially high volume was seen for the $30 strike call option expiring August 18, 2023, with 1,784 contracts trading so far today, representing approximately 178,400 underlying shares of BHVN. Below is a chart showing BHVN's trailing twelve month trading history, with the $30 strike highlighted in orange:
Community Health Systems, Inc. (CYH) options are showing a volume of 4,854 contracts thus far today. That number of contracts represents approximately 485,400 underlying shares, working out to a sizeable 43.5% of CYH's average daily trading volume over the past month, of 1.1 million shares.
Especially high volume was seen for the $6 strike call option expiring August 18, 2023, with 2,397 contracts trading so far today, representing approximately 239,700 underlying shares of CYH. Below is a chart showing CYH's trailing twelve month trading history, with the $6 strike highlighted in orange:
And Silicon Laboratories Inc (SLAB) options are showing a volume of 1,120 contracts thus far today. That number of contracts represents approximately 112,000 underlying shares, working out to a sizeable 43.4% of SLAB's average daily trading volume over the past month, of 257,980 shares.
Particularly high volume was seen for the $280 strike call option expiring November 17, 2023, with 500 contracts trading so far today, representing approximately 50,000 underlying shares of SLAB. Below is a chart showing SLAB's trailing twelve month trading history, with the $280 strike highlighted in orange:
For the various different available expirations for BHVN options, CYH options, or SLAB options, visit StockOptionsChannel.com.