Notable Thursday Option Activity: SMMT, MRNA, GME
April 18, 2024 at 15:21 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Summit Therapeutics Inc (SMMT), where a total volume of 9,868 contracts has been traded thus far today, a contract volume which is representative of approximately 986,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46% of SMMT's average daily trading volume over the past month, of 2.1 million shares..