Notable Friday Option Activity: AMD, DGX, CVS

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Advanced Micro Devices Inc (AMD), where a total volume of 367,922 contracts has been traded thus far today, a contract volume which is representative of approximately 36.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.3% of AMD's average daily trading volume over the past month, of 77.8 million shares..