Notable Tuesday Option Activity: SBNY, INO, VHC
October 27, 2020 at 15:18 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 3,200 contracts has been traded thus far today, a contract volume which is representative of approximately 320,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53.2% of SBNY's average daily trading volume over the past month, of 601,115 shares..