Notable Tuesday Option Activity: ACAD, Z, TUP
March 09, 2021 at 15:46 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Acadia Pharmaceuticals Inc (ACAD), where a total volume of 25,688 contracts has been traded thus far today, a contract volume which is representative of approximately 2.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 253.3% of ACAD's average daily trading volume over the past month, of 1.0 million shares..