Notable Thursday Option Activity: CIEN, KONA, HIBB
March 03, 2016 at 11:39 AM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ciena Corp (CIEN), where a total volume of 15,578 contracts has been traded thus far today, a contract volume which is representative of approximately 1.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51.6% of CIEN's average daily trading volume over the past month, of 3.0 million shares..