Notable Friday Option Activity: MDP, ARCB, DNOW
June 04, 2021 at 17:49 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Meredith Corp (MDP), where a total volume of 2,985 contracts has been traded thus far today, a contract volume which is representative of approximately 298,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 62.3% of MDP's average daily trading volume over the past month, of 479,145 shares..
