Noteworthy Friday Option Activity: IBM, LVS, ELLI
February 01, 2019 at 15:17 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in International Business Machines Corp (IBM), where a total volume of 28,619 contracts has been traded thus far today, a contract volume which is representative of approximately 2.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.3% of IBM's average daily trading volume over the past month, of 5.8 million shares..