Notable Tuesday Option Activity: GALE, BPI, GMED

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Galena Biopharma Inc (GALE), where a total of 52,779 contracts have traded so far, representing approximately 5.3 million underlying shares. That amounts to about 437.5% of GALE's average daily trading volume over the past month of 1.2 million shares..