Notable Monday Option Activity: TMCI, ZS, COIN

In terms of options trading activity among constituents of the Russell 3000 Index, there was notable activity today at Treace Medical Concepts Inc (Symbol: TMCI), where total volume of 8,023 contracts has been traded so far today, a volume of contracts that is representative of approximately 802,300 underlying shares (given that each contract represents 100 underlying shares). This number equates to 203.9% of TMCI’s average daily trading volume over the past month, or 393,520 shares. Particularly high volume was seen for the $25 strike call option expiring on December 16, 2022, with 4,001 contracts traded so far today, representing approximately 400,100 underlying TMCI shares. Below is a chart showing TMCI’s trading history over the past twelve months, with the $25 strike highlighted in orange:
Zscaler Inc’s options (ticker: ZS) have a volume of 52,498 contracts to date. This number of contracts represents approximately 5.2 million underlying shares, or 179% of ZS’s average daily trading volume over the past month, or 2.9 million shares. Particularly high volume was seen for the $130 strike call option expiring on December 9, 2022, with 8,799 contracts traded so far today, representing approximately 879,900 underlying shares of ZS. Below is a chart showing ZS’s trading history over the last twelve months, with the $130 strike highlighted in orange:

And Coinbase Global Inc Options (Symbol: COIN) is showing a volume of 219,607 contracts so far today. This number of contracts represents approximately 22.0 million underlying shares, or 106.5% of COIN’s average daily trading volume over the past month, or 20.6 million shares. Particularly high volume was seen for the $55 strike call option expiring on December 09, 2022, with 59,303 contracts traded so far today, representing approximately 5.9 million underlying shares corner. Below is a chart showing COIN’s trading history over the last twelve months, with the $55 strike highlighted in orange:

For the different expirations available for TMCI options, ZS options or COIN options, visit StockOptionsChannel.com.
Also see:
• Historical prices of MDCA shares
• Institutional holders of XLBC
• Insider buying PLT
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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