Notable Monday Option Activity: IRDM, AVAV, PRAH
September 16, 2019 at 15:18 PM EDT
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 3,102 contracts has been traded thus far today, a contract volume which is representative of approximately 310,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.9% of IRDM's average daily trading volume over the past month, of 609,040 shares..