Notable Monday Option Activity: CDK, TWX, CREE
May 14, 2018 at 15:23 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in CDK Global Inc (CDK), where a total volume of 10,094 contracts has been traded thus far today, a contract volume which is representative of approximately 1.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 105.9% of CDK's average daily trading volume over the past month, of 953,335 shares..