Noteworthy Friday Option Activity: PANW, CVX, BOFI
September 30, 2016 at 15:29 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 7,879 contracts has been traded thus far today, a contract volume which is representative of approximately 787,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47% of PANW's average daily trading volume over the past month, of 1.7 million shares..