Noteworthy Tuesday Option Activity: PXD, AMBC, SPPI
April 10, 2018 at 15:21 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Pioneer Natural Resources Co (PXD), where a total volume of 5,343 contracts has been traded thus far today, a contract volume which is representative of approximately 534,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 40.7% of PXD's average daily trading volume over the past month, of 1.3 million shares..