Notable Friday Option Activity: BIIB, EIGI, ALLY
February 05, 2016 at 15:46 PM EST
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 13,984 contracts has been traded thus far today, a contract volume which is representative of approximately 1.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 59.4% of BIIB's average daily trading volume over the past month, of 2.4 million shares..