Noteworthy Friday Option Activity: CVM, RMAX, ITCI

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in CEL-SCI Corporation (CVM), where a total volume of 3,957 contracts has been traded thus far today, a contract volume which is representative of approximately 395,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 96.1% of CVM's average daily trading volume over the past month, of 411,750 shares..