Notable Friday Option Activity: ERII, COHR, INMD
Stock Options Channel Staff - Friday, September 22, 3:21 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Energy Recovery Inc (ERII), where a total of 2,400 contracts have traded so far, representing approximately 240,000 underlying shares. That amounts to about 63.4% of ERII's average daily trading volume over the past month of 378,385 shares. Especially high volume was seen for the $25 strike call option expiring November 17, 2023, with 2,011 contracts trading so far today, representing approximately 201,100 underlying shares of ERII. Below is a chart showing ERII's trailing twelve month trading history, with the $25 strike highlighted in orange:
Coherent Corp (COHR) options are showing a volume of 15,066 contracts thus far today. That number of contracts represents approximately 1.5 million underlying shares, working out to a sizeable 61.5% of COHR's average daily trading volume over the past month, of 2.4 million shares.
Particularly high volume was seen for the $30 strike call option expiring September 29, 2023, with 3,312 contracts trading so far today, representing approximately 331,200 underlying shares of COHR. Below is a chart showing COHR's trailing twelve month trading history, with the $30 strike highlighted in orange:
And InMode Ltd (INMD) saw options trading volume of 6,052 contracts, representing approximately 605,200 underlying shares or approximately 60.8% of INMD's average daily trading volume over the past month, of 995,805 shares.
Particularly high volume was seen for the $32.50 strike put option expiring October 20, 2023, with 1,512 contracts trading so far today, representing approximately 151,200 underlying shares of INMD. Below is a chart showing INMD's trailing twelve month trading history, with the $32.50 strike highlighted in orange:
For the various different available expirations for ERII options, COHR options, or INMD options, visit StockOptionsChannel.com.