Notable Thursday Option Activity: APA, CIT, AGCO
September 29, 2016 at 15:36 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Apache Corp (APA), where a total volume of 25,485 contracts has been traded thus far today, a contract volume which is representative of approximately 2.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42.5% of APA's average daily trading volume over the past month, of 6.0 million shares..