Notable Friday Option Activity: RIG, HIIQ, MCO
September 21, 2018 at 15:25 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Transocean Ltd (RIG), where a total volume of 261,199 contracts has been traded thus far today, a contract volume which is representative of approximately 26.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 178.2% of RIG's average daily trading volume over the past month, of 14.7 million shares..