Noteworthy Friday Option Activity: APPN, ZNGA, DVAX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Appian Corp (APPN), where a total volume of 4,958 contracts has been traded thus far today, a contract volume which is representative of approximately 495,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 116.7% of APPN's average daily trading volume over the past month, of 424,990 shares..
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