Noteworthy Wednesday Option Activity: PQG, MBI, FCX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in PQ Group Holdings Inc (PQG), where a total volume of 919 contracts has been traded thus far today, a contract volume which is representative of approximately 91,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.7% of PQG's average daily trading volume over the past month, of 201,255 shares..