Noteworthy Friday Option Activity: SBNY, FRPT, ABBV
October 19, 2018 at 15:17 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Signature Bank (SBNY), where a total volume of 2,215 contracts has been traded thus far today, a contract volume which is representative of approximately 221,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.3% of SBNY's average daily trading volume over the past month, of 511,410 shares..