Chronicle Journal: Finance

Notable Wednesday Option Activity: ASC, SMG, TR

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ardmore Shipping Corp (ASC), where a total volume of 1,456 contracts has been traded thus far today, a contract volume which is representative of approximately 145,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 70.8% of ASC's average daily trading volume over the past month, of 205,515 shares..
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