Notable Monday Option Activity: PNW, YELP, ABTL
March 27, 2017 at 15:35 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Pinnacle West Capital Corp (PNW), where a total volume of 3,237 contracts has been traded thus far today, a contract volume which is representative of approximately 323,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46.1% of PNW's average daily trading volume over the past month, of 702,535 shares..