Notable Friday Option Activity: IRDM, MYCC, BLCM
December 02, 2016 at 15:39 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Iridium Communications Inc (IRDM), where a total volume of 9,842 contracts has been traded thus far today, a contract volume which is representative of approximately 984,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 171.5% of IRDM's average daily trading volume over the past month, of 573,955 shares..