Noteworthy Friday Option Activity: IE, ALDX, DVA

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ivanhoe Electric Inc (IE), where a total volume of 3,158 contracts has been traded thus far today, a contract volume which is representative of approximately 315,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.5% of IE's average daily trading volume over the past month, of 625,650 shares..