Noteworthy Tuesday Option Activity: ZM, CVM, PBI
October 20, 2020 at 15:43 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Zoom Video Communications Inc (ZM), where a total volume of 159,448 contracts has been traded thus far today, a contract volume which is representative of approximately 15.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 134.4% of ZM's average daily trading volume over the past month, of 11.9 million shares..