Notable Wednesday Option Activity: TIME, CAR, PKG
February 08, 2017 at 15:34 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Time Inc (TIME), where a total volume of 3,860 contracts has been traded thus far today, a contract volume which is representative of approximately 386,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 52% of TIME's average daily trading volume over the past month, of 741,920 shares..