Noteworthy Friday Option Activity: UEC, ADI, DVAX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Uranium Energy Corp (UEC), where a total volume of 7,405 contracts has been traded thus far today, a contract volume which is representative of approximately 740,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 63.4% of UEC's average daily trading volume over the past month, of 1.2 million shares..