Noteworthy Friday Option Activity: OUT, AAXN, IBM
August 07, 2020 at 15:43 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in OUTFRONT Media Inc (OUT), where a total volume of 8,231 contracts has been traded thus far today, a contract volume which is representative of approximately 823,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53.6% of OUT's average daily trading volume over the past month, of 1.5 million shares..