Noteworthy Wednesday Option Activity: ELAN, ALRM, MUR
August 14, 2019 at 15:21 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Elanco Animal Health Inc (ELAN), where a total volume of 18,020 contracts has been traded thus far today, a contract volume which is representative of approximately 1.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 66.4% of ELAN's average daily trading volume over the past month, of 2.7 million shares..