Noteworthy Wednesday Option Activity: LLY, RH, IBM
April 03, 2024 at 15:33 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Eli Lilly (LLY), where a total volume of 35,231 contracts has been traded thus far today, a contract volume which is representative of approximately 3.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 125.5% of LLY's average daily trading volume over the past month, of 2.8 million shares..