Noteworthy Wednesday Option Activity: TSLA, MTRX, XON
August 17, 2016 at 15:35 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Tesla Motors Inc (TSLA), where a total volume of 52,486 contracts has been traded thus far today, a contract volume which is representative of approximately 5.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 175.4% of TSLA's average daily trading volume over the past month, of 3.0 million shares..