Noteworthy Friday Option Activity: CIEN, CIA, FCEL
October 21, 2016 at 15:24 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ciena Corp (CIEN), where a total volume of 11,368 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.8% of CIEN's average daily trading volume over the past month, of 2.6 million shares..