Notable Friday Option Activity: UWMC, PACB, AMC
October 15, 2021 at 15:23 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in UWM Holdings Corp (UWMC), where a total volume of 27,501 contracts has been traded thus far today, a contract volume which is representative of approximately 2.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 121.6% of UWMC's average daily trading volume over the past month, of 2.3 million shares..