Notable Thursday Option Activity: PYPL, DKS, AMC
May 09, 2019 at 15:22 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in PayPal Holdings Inc (PYPL), where a total volume of 28,419 contracts has been traded thus far today, a contract volume which is representative of approximately 2.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43% of PYPL's average daily trading volume over the past month, of 6.6 million shares..