Noteworthy Friday Option Activity: ALBO, NVAX, FCX
July 16, 2021 at 15:23 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Albireo Pharma Inc (ALBO), where a total volume of 1,465 contracts has been traded thus far today, a contract volume which is representative of approximately 146,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 71.6% of ALBO's average daily trading volume over the past month, of 204,600 shares..