Noteworthy Thursday Option Activity: PKG, AA, PANW
May 19, 2016 at 15:36 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 4,123 contracts has been traded thus far today, a contract volume which is representative of approximately 412,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 52.4% of PKG's average daily trading volume over the past month, of 786,810 shares..