Noteworthy Friday Option Activity: BIIB, Z, AKS
October 26, 2018 at 15:20 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Biogen Inc (BIIB), where a total volume of 11,954 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 83.7% of BIIB's average daily trading volume over the past month, of 1.4 million shares..