Noteworthy Tuesday Option Activity: CAVM, LE, AKBA
August 30, 2016 at 15:34 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cavium Inc (CAVM), where a total volume of 5,970 contracts has been traded thus far today, a contract volume which is representative of approximately 597,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 54.1% of CAVM's average daily trading volume over the past month, of 1.1 million shares..