Noteworthy Thursday Option Activity: PANW, SMPL, NET
October 21, 2021 at 15:24 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Palo Alto Networks, Inc (PANW), where a total volume of 12,392 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 118.8% of PANW's average daily trading volume over the past month, of 1.0 million shares..