Noteworthy Monday Option Activity: WLK, ALNY, LULU
March 16, 2020 at 15:24 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Westlake Chemical Corp (WLK), where a total volume of 5,858 contracts has been traded thus far today, a contract volume which is representative of approximately 585,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 52.5% of WLK's average daily trading volume over the past month, of 1.1 million shares..