Noteworthy Friday Option Activity: SAGE, BAX, CLVS

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Sage Therapeutics Inc (SAGE), where a total volume of 2,971 contracts has been traded thus far today, a contract volume which is representative of approximately 297,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42.8% of SAGE's average daily trading volume over the past month, of 693,380 shares..
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