Noteworthy Tuesday Option Activity: AKBA, LGF, D

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Akebia Therapeutics Inc (AKBA), where a total volume of 1,379 contracts has been traded thus far today, a contract volume which is representative of approximately 137,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 67.8% of AKBA's average daily trading volume over the past month, of 203,485 shares..