Notable Friday Option Activity: RIG, SRG, TCX
June 15, 2018 at 15:18 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Transocean Ltd (RIG), where a total volume of 67,392 contracts has been traded thus far today, a contract volume which is representative of approximately 6.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51.7% of RIG's average daily trading volume over the past month, of 13.0 million shares..
