Noteworthy Friday Option Activity: NOC, RILY, QDEL
December 02, 2022 at 16:11 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Northrop Grumman Corp (NOC), where a total volume of 5,269 contracts has been traded thus far today, a contract volume which is representative of approximately 526,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 54% of NOC's average daily trading volume over the past month, of 975,105 shares..