Noteworthy Thursday Option Activity: CDNS, REGN, BAC
July 06, 2017 at 15:31 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cadence Design Systems Inc (CDNS), where a total volume of 8,132 contracts has been traded thus far today, a contract volume which is representative of approximately 813,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.2% of CDNS's average daily trading volume over the past month, of 1.6 million shares..