Noteworthy Friday Option Activity: ALEC, DIS, APPS
July 02, 2021 at 16:30 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Alector Inc (ALEC), where a total volume of 20,057 contracts has been traded thus far today, a contract volume which is representative of approximately 2.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 294% of ALEC's average daily trading volume over the past month, of 682,325 shares..