Noteworthy Wednesday Option Activity: ACIA, CAT, VVV
April 26, 2017 at 15:41 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Acacia Communications Inc (ACIA), where a total volume of 9,229 contracts has been traded thus far today, a contract volume which is representative of approximately 922,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 79.8% of ACIA's average daily trading volume over the past month, of 1.2 million shares..