Noteworthy Wednesday Option Activity: BIIB, AES, NFLX
November 11, 2020 at 13:15 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Biogen Inc (BIIB), where a total volume of 27,499 contracts has been traded thus far today, a contract volume which is representative of approximately 2.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 108.1% of BIIB's average daily trading volume over the past month, of 2.5 million shares..