Notable Wednesday Option Activity: MDGL, CECE, CCI
June 12, 2019 at 15:17 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Madrigal Pharmaceuticals Inc (MDGL), where a total volume of 6,193 contracts has been traded thus far today, a contract volume which is representative of approximately 619,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 397.4% of MDGL's average daily trading volume over the past month, of 155,855 shares..