Notable Tuesday Option Activity: I, AMBA, CLF
September 03, 2019 at 15:27 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Intelsat SA (I), where a total volume of 25,858 contracts has been traded thus far today, a contract volume which is representative of approximately 2.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 219.9% of I's average daily trading volume over the past month, of 1.2 million shares..