Notable Friday Option Activity: MRVL, PCG, RDFN
May 17, 2019 at 15:23 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Marvell Technology Group Ltd (MRVL), where a total volume of 80,166 contracts has been traded thus far today, a contract volume which is representative of approximately 8.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 71.4% of MRVL's average daily trading volume over the past month, of 11.2 million shares..