Noteworthy Thursday Option Activity: FRO, ULTA, ACAD
February 28, 2019 at 15:17 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Frontline Ltd (FRO), where a total volume of 1,763 contracts has been traded thus far today, a contract volume which is representative of approximately 176,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 41.4% of FRO's average daily trading volume over the past month, of 425,590 shares..
