Notable Wednesday Option Activity: FTNT, WGO, VZ

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Fortinet Inc (FTNT), where a total volume of 7,358 contracts has been traded thus far today, a contract volume which is representative of approximately 735,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.9% of FTNT's average daily trading volume over the past month, of 1.5 million shares..