Noteworthy Wednesday Option Activity: LRCX, RL, AVGO
February 06, 2019 at 13:23 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Lam Research Corp (LRCX), where a total volume of 19,667 contracts has been traded thus far today, a contract volume which is representative of approximately 2.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 54.4% of LRCX's average daily trading volume over the past month, of 3.6 million shares..