Noteworthy Thursday Option Activity: APA, PANW, CHK
May 17, 2018 at 15:20 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Apache Corp (APA), where a total volume of 21,403 contracts has been traded thus far today, a contract volume which is representative of approximately 2.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 55% of APA's average daily trading volume over the past month, of 3.9 million shares..