Notable Tuesday Option Activity: PN, TUP, AVP
October 18, 2016 at 11:27 AM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Patriot National Inc (PN), where a total volume of 450 contracts has been traded thus far today, a contract volume which is representative of approximately 45,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 54.2% of PN's average daily trading volume over the past month, of 83,000 shares..