Noteworthy Tuesday Option Activity: PKG, TRIP, XPO
October 09, 2018 at 15:55 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Packaging Corp of America (PKG), where a total volume of 3,156 contracts has been traded thus far today, a contract volume which is representative of approximately 315,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 40.8% of PKG's average daily trading volume over the past month, of 773,630 shares..