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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Sorrento Therapeutics Inc , where a total of 1,207 contracts have traded so far, representing approximately 120,700 underlying shares. That amounts to about 49.4% of SRNE's average daily trading volume over the past month of 244,400 shares.
An Immuno-Oncology Therapy with Many Potential Applications
Demonstrates that Sorrento CEO, Management and Board are Destroying Significant Shareholder Value by Failing to Properly Manage Company Operations and Assets
When a stock makes a large-percentage move, it is often just the start of a new major trend -- a trend that can lead to huge profits.
Trade-Ideas LLC identified Sorrento Therapeutics (SRNE) as a weak on high relative volume candidate
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Sorrento Therapeutics Inc , where a total volume of 1,890 contracts has been traded thus far today, a contract volume which is representative of approximately 189,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 67.9% of SRNE's average daily trading volume over the past month, of 278,205 shares.