Notable Thursday Option Activity: PANW, UVV, MNK
January 19, 2017 at 15:35 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Palo Alto Networks, Inc (PANW), where a total volume of 11,319 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 74.9% of PANW's average daily trading volume over the past month, of 1.5 million shares..