Notable Thursday Option Activity: SBNY, ADVM, EFC
April 29, 2021 at 15:29 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 19,724 contracts has been traded thus far today, a contract volume which is representative of approximately 2.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 346.9% of SBNY's average daily trading volume over the past month, of 568,645 shares..