Noteworthy Wednesday Option Activity: PAYC, PM, LULU
October 16, 2019 at 15:30 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Paycom Software Inc (PAYC), where a total volume of 2,658 contracts has been traded thus far today, a contract volume which is representative of approximately 265,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.4% of PAYC's average daily trading volume over the past month, of 538,225 shares..