Noteworthy Wednesday Option Activity: CLVS, PHH, BURL
May 24, 2017 at 15:29 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Clovis Oncology Inc (CLVS), where a total volume of 10,097 contracts has been traded thus far today, a contract volume which is representative of approximately 1.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 60.2% of CLVS's average daily trading volume over the past month, of 1.7 million shares..