Notable Tuesday Option Activity: LLY, HON, XONE
May 16, 2017 at 15:25 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Lilly (Eli) & Co (LLY), where a total volume of 24,278 contracts has been traded thus far today, a contract volume which is representative of approximately 2.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 58.3% of LLY's average daily trading volume over the past month, of 4.2 million shares..