Noteworthy Tuesday Option Activity: WFT, LDOS, NBIX
July 26, 2016 at 15:26 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Weatherford International plc (WFT), where a total volume of 59,286 contracts has been traded thus far today, a contract volume which is representative of approximately 5.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 40.6% of WFT's average daily trading volume over the past month, of 14.6 million shares..