Noteworthy Wednesday Option Activity: INCY, MKC, REV
June 26, 2019 at 15:18 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Incyte Corporation (INCY), where a total volume of 5,540 contracts has been traded thus far today, a contract volume which is representative of approximately 554,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 41.9% of INCY's average daily trading volume over the past month, of 1.3 million shares..
