Noteworthy Tuesday Option Activity: ABBV, NKE, AMBA
May 12, 2020 at 16:33 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in AbbVie Inc (ABBV), where a total volume of 58,407 contracts has been traded thus far today, a contract volume which is representative of approximately 5.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 52.7% of ABBV's average daily trading volume over the past month, of 11.1 million shares..