Noteworthy Wednesday Option Activity: YELP, ESPR, CKEC
June 29, 2016 at 15:36 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Yelp Inc (YELP), where a total volume of 16,612 contracts has been traded thus far today, a contract volume which is representative of approximately 1.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 86.9% of YELP's average daily trading volume over the past month, of 1.9 million shares..