Notable Friday Option Activity: NKTR, PANW, SKX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Nektar Therapeutics (NKTR), where a total volume of 6,045 contracts has been traded thus far today, a contract volume which is representative of approximately 604,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.4% of NKTR's average daily trading volume over the past month, of 1.2 million shares..