Noteworthy Tuesday Option Activity: ALGM, SIG, DXCM
May 24, 2022 at 17:18 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Allegro MicroSystems Inc (ALGM), where a total volume of 5,614 contracts has been traded thus far today, a contract volume which is representative of approximately 561,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 85.3% of ALGM's average daily trading volume over the past month, of 657,770 shares..