Noteworthy Wednesday Option Activity: LLY, NN, APP
August 07, 2024 at 15:18 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Eli Lilly (LLY), where a total volume of 42,047 contracts has been traded thus far today, a contract volume which is representative of approximately 4.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 119.7% of LLY's average daily trading volume over the past month, of 3.5 million shares..