Noteworthy Wednesday Option Activity: TRCO, NFLX, ASPS
May 23, 2018 at 15:22 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Tribune Media Co (TRCO), where a total volume of 38,818 contracts has been traded thus far today, a contract volume which is representative of approximately 3.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 334.5% of TRCO's average daily trading volume over the past month, of 1.2 million shares..