The three most unusually active options in Wednesday’s trading had an average Vol/OI (volume to open interest) ratio of 133.89. In my experience writing about unusual options activity, that’s relatively high for options expiring in a week or more.
As a result, I thought I’d explore the “why” behind each of the three stocks’ unusually active options. It could be a fluke for the trio, or it could point to something more meaningful.
