Notable Wednesday Option Activity: FDX, TROX, IAC
December 20, 2017 at 15:45 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in FedEx Corp (FDX), where a total volume of 44,559 contracts has been traded thus far today, a contract volume which is representative of approximately 4.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 268.1% of FDX's average daily trading volume over the past month, of 1.7 million shares..