Noteworthy Friday Option Activity: CSCO, UNP, PENN
July 13, 2018 at 15:18 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cisco Systems Inc (CSCO), where a total volume of 147,519 contracts has been traded thus far today, a contract volume which is representative of approximately 14.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 65.6% of CSCO's average daily trading volume over the past month, of 22.5 million shares..