Noteworthy Wednesday Option Activity: CAVM, LVS, VZ
January 27, 2016 at 15:37 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cavium Inc (CAVM), where a total volume of 3,410 contracts has been traded thus far today, a contract volume which is representative of approximately 341,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.9% of CAVM's average daily trading volume over the past month, of 697,730 shares..