Notable Wednesday Option Activity: SAVA, RILY, W
January 13, 2021 at 15:28 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cassava Sciences Inc (SAVA), where a total volume of 17,525 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 131.1% of SAVA's average daily trading volume over the past month, of 1.3 million shares..