Noteworthy Monday Option Activity: PANW, BIIB, NTNX
February 04, 2019 at 15:19 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Palo Alto Networks, Inc (PANW), where a total volume of 6,245 contracts has been traded thus far today, a contract volume which is representative of approximately 624,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51.5% of PANW's average daily trading volume over the past month, of 1.2 million shares..