Noteworthy Friday Option Activity: SGMS, CMG, NLS
July 06, 2018 at 15:21 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Scientific Games Corp (SGMS), where a total volume of 21,651 contracts has been traded thus far today, a contract volume which is representative of approximately 2.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 289% of SGMS's average daily trading volume over the past month, of 749,150 shares..