Notable Wednesday Option Activity: SHLD, DDD, SLB
August 31, 2016 at 15:32 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Sears Holdings Corp (SHLD), where a total volume of 2,753 contracts has been traded thus far today, a contract volume which is representative of approximately 275,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.4% of SHLD's average daily trading volume over the past month, of 556,805 shares..