Notable Tuesday Option Activity: FRAN, CMG, MCD
June 06, 2017 at 15:28 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Francesca's Holdings Corp (FRAN), where a total volume of 10,214 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 116.2% of FRAN's average daily trading volume over the past month, of 878,700 shares..