Notable Friday Option Activity: PETQ, OMF, AXL
August 07, 2020 at 15:43 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in PetIQ Inc (PETQ), where a total volume of 4,555 contracts has been traded thus far today, a contract volume which is representative of approximately 455,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 115.3% of PETQ's average daily trading volume over the past month, of 395,055 shares..