Notable Friday Option Activity: COF, WLK, AGX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Capital One Financial Corp (COF), where a total volume of 13,992 contracts has been traded thus far today, a contract volume which is representative of approximately 1.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 79% of COF's average daily trading volume over the past month, of 1.8 million shares..