Noteworthy Friday Option Activity: DCPH, HUBG, EXPE

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Deciphera Pharmaceuticals Inc (DCPH), where a total volume of 17,914 contracts has been traded thus far today, a contract volume which is representative of approximately 1.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 406.6% of DCPH's average daily trading volume over the past month, of 440,615 shares..