Noteworthy Friday Option Activity: MDGL, GM, SWKS
September 24, 2021 at 15:31 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 540 contracts has been traded thus far today, a contract volume which is representative of approximately 54,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.5% of MDGL's average daily trading volume over the past month, of 106,895 shares..