Notable Wednesday Option Activity: ADVM, SFIX, LRCX
May 06, 2020 at 15:25 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Adverum Biotechnologies Inc (ADVM), where a total volume of 6,120 contracts has been traded thus far today, a contract volume which is representative of approximately 612,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.4% of ADVM's average daily trading volume over the past month, of 1.3 million shares..