Chronicle Journal: Finance

Notable Friday Option Activity: FB, NOW, LULU

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Facebook Inc (FB), where a total volume of 199,229 contracts has been traded thus far today, a contract volume which is representative of approximately 19.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 131.3% of FB's average daily trading volume over the past month, of 15.2 million shares..
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