Noteworthy Tuesday Option Activity: VAL, FOLD, ANF
August 20, 2024 at 15:56 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Valaris Ltd (VAL), where a total volume of 6,187 contracts has been traded thus far today, a contract volume which is representative of approximately 618,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53.7% of VAL's average daily trading volume over the past month, of 1.2 million shares..