Noteworthy Wednesday Option Activity: AMGN, ARVN, PFSI

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Amgen Inc (AMGN), where a total volume of 15,526 contracts has been traded thus far today, a contract volume which is representative of approximately 1.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 58.6% of AMGN's average daily trading volume over the past month, of 2.6 million shares..