3D Systems (DDD) Call Options Active as Stock Hits All-Time High - InvestingChannel

3D Systems (DDD) Call Options Active as Stock Hits All-Time High

DDD – 3D Systems, Inc. – Shares in the maker of 3D printers are soaring this morning, up as much as 7.1% earlier in the session to touch a record high of $75.40. The sharp move in the price of the underlying shares spurred relatively heavy trading traffic in DDD options, with roughly 18,000 contracts in play just before midday in New York trading, versus the stock’s average daily options volume of around 37,700 contracts. Trading in 3D Systems calls is outpacing that of puts at the moment, with the call/put ratio standing near 2.1 as of the time of this writing. Options contracts expiring at the end of the week are currently seeing the most volume, though traders appear to be driving fresh interest in far out of the money call options across expiries. Shares in 3D Systems are up more than 140% since this time last year.

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