Notable Thursday Option Activity: SPLK, GM, PPC
October 13, 2016 at 15:28 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Splunk Inc (SPLK), where a total volume of 5,589 contracts has been traded thus far today, a contract volume which is representative of approximately 558,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.3% of SPLK's average daily trading volume over the past month, of 1.3 million shares..