Noteworthy Friday Option Activity: ETM, PYPL, TWLO
October 12, 2018 at 15:19 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Entercom Communications Corp (ETM), where a total volume of 4,771 contracts has been traded thus far today, a contract volume which is representative of approximately 477,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.7% of ETM's average daily trading volume over the past month, of 1.0 million shares..