Notable Thursday Option Activity: AKRX, PANW, PYPL
July 12, 2018 at 15:21 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Akorn Inc (AKRX), where a total volume of 17,101 contracts has been traded thus far today, a contract volume which is representative of approximately 1.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 58.3% of AKRX's average daily trading volume over the past month, of 2.9 million shares..