Noteworthy Wednesday Option Activity: BIIB, IDXX, HD
January 12, 2022 at 13:31 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Biogen Inc (BIIB), where a total volume of 37,354 contracts has been traded thus far today, a contract volume which is representative of approximately 3.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 212.9% of BIIB's average daily trading volume over the past month, of 1.8 million shares..