Noteworthy Monday Option Activity: WING, SGH, SAGE
Stock Options Channel Staff - Monday, November 13, 3:34 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Wingstop Inc (WING), where a total of 2,320 contracts have traded so far, representing approximately 232,000 underlying shares. That amounts to about 44.1% of WING's average daily trading volume over the past month of 526,370 shares. Particularly high volume was seen for the $120 strike put option expiring December 15, 2023, with 197 contracts trading so far today, representing approximately 19,700 underlying shares of WING. Below is a chart showing WING's trailing twelve month trading history, with the $120 strike highlighted in orange:
SMART Global Holdings Inc (SGH) saw options trading volume of 4,524 contracts, representing approximately 452,400 underlying shares or approximately 44.1% of SGH's average daily trading volume over the past month, of 1.0 million shares.
Particularly high volume was seen for the $12.50 strike put option expiring December 15, 2023, with 3,993 contracts trading so far today, representing approximately 399,300 underlying shares of SGH. Below is a chart showing SGH's trailing twelve month trading history, with the $12.50 strike highlighted in orange:
And Sage Therapeutics Inc (SAGE) options are showing a volume of 4,250 contracts thus far today. That number of contracts represents approximately 425,000 underlying shares, working out to a sizeable 44% of SAGE's average daily trading volume over the past month, of 966,320 shares.
Especially high volume was seen for the $17.50 strike call option expiring November 17, 2023, with 1,910 contracts trading so far today, representing approximately 191,000 underlying shares of SAGE. Below is a chart showing SAGE's trailing twelve month trading history, with the $17.50 strike highlighted in orange:
For the various different available expirations for WING options, SGH options, or SAGE options, visit StockOptionsChannel.com.