Unusual Options Activity
Traders are betting Friday that Illumina, Inc. (ILMN) will start to rebound after today's selloff. The stock is down 7.9% in today's trading after the company reiterated its 2019 growth outlook, signaling weaker growth than analysts had previously expected . So far today, 5,066 contracts of the March 310 call have changed hands, against open interest of just 46 contracts.