Noteworthy Monday Option Activity: ACIA, UIS, BBY
August 31, 2020 at 15:17 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Acacia Communications Inc (ACIA), where a total volume of 2,100 contracts has been traded thus far today, a contract volume which is representative of approximately 210,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.8% of ACIA's average daily trading volume over the past month, of 478,930 shares..