Noteworthy Friday Option Activity: BIIB, UNH, HGV
September 25, 2020 at 15:27 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Biogen Inc (BIIB), where a total volume of 6,338 contracts has been traded thus far today, a contract volume which is representative of approximately 633,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50% of BIIB's average daily trading volume over the past month, of 1.3 million shares..