Notable Friday Option Activity: SPPI, TIVO, TWLO
May 10, 2019 at 15:28 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Spectrum Pharmaceuticals Inc (SPPI), where a total volume of 10,935 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 149.5% of SPPI's average daily trading volume over the past month, of 731,665 shares..