Notable Thursday Option Activity: CHGG, TGT, PANW
July 20, 2017 at 15:28 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Chegg Inc (CHGG), where a total volume of 4,725 contracts has been traded thus far today, a contract volume which is representative of approximately 472,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.2% of CHGG's average daily trading volume over the past month, of 1.0 million shares..