Noteworthy Tuesday Option Activity: AXSM, PTON, TPX
October 26, 2021 at 15:39 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Axsome Therapeutics Inc (AXSM), where a total volume of 7,780 contracts has been traded thus far today, a contract volume which is representative of approximately 778,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 82.2% of AXSM's average daily trading volume over the past month, of 945,985 shares..