Notable Friday Option Activity: ADMS, POST, AAOI

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Adamas Pharmaceuticals Inc (ADMS), where a total volume of 1,805 contracts has been traded thus far today, a contract volume which is representative of approximately 180,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 41.9% of ADMS's average daily trading volume over the past month, of 430,925 shares..