Noteworthy Monday Option Activity: FIT, X, CATM
November 23, 2015 at 14:20 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Fitbit Inc (FIT), where a total volume of 38,879 contracts has been traded thus far today, a contract volume which is representative of approximately 3.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 57.4% of FIT's average daily trading volume over the past month, of 6.8 million shares..