Notable Wednesday Option Activity: LRCX, CVNA, CMP
July 18, 2018 at 15:17 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Lam Research Corp (LRCX), where a total volume of 16,916 contracts has been traded thus far today, a contract volume which is representative of approximately 1.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 62% of LRCX's average daily trading volume over the past month, of 2.7 million shares..