Notable Wednesday Option Activity: FDX, PSMT, NFE
July 10, 2024 at 15:29 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 12,055 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47% of FDX's average daily trading volume over the past month, of 2.6 million shares..