Notable Thursday Option Activity: FDX, BAX, LLY
August 17, 2017 at 15:23 PM EDT
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 4,877 contracts has been traded thus far today, a contract volume which is representative of approximately 487,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42% of FDX's average daily trading volume over the past month, of 1.2 million shares..