December 11th, 2017

Noteworthy Friday Option Activity: LGND, MGNI, MAN

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ligand Pharmaceuticals Inc (LGND), where a total volume of 1,541 contracts has been traded thus far today, a contract volume which is representative of approximately 154,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.6% of LGND's average daily trading volume over the past month, of 324,045 shares..
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