Notable Wednesday Option Activity: KORS, ABBV, LNG
May 10, 2017 at 15:32 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Michael Kors Holdings Ltd (KORS), where a total volume of 7,186 contracts has been traded thus far today, a contract volume which is representative of approximately 718,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.1% of KORS's average daily trading volume over the past month, of 1.6 million shares..