Noteworthy Friday Option Activity: LB, PFNX, SQ
April 03, 2020 at 15:32 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in L Brands, Inc (LB), where a total volume of 52,854 contracts has been traded thus far today, a contract volume which is representative of approximately 5.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.2% of LB's average daily trading volume over the past month, of 11.7 million shares..