Notable Wednesday Option Activity: PANW, PHH, DOX
May 10, 2017 at 15:32 PM EDT
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 7,043 contracts has been traded thus far today, a contract volume which is representative of approximately 704,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.6% of PANW's average daily trading volume over the past month, of 1.6 million shares..