Notable Tuesday Option Activity: PEN, COST, FDX
December 08, 2020 at 15:27 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Penumbra Inc (PEN), where a total volume of 14,768 contracts has been traded thus far today, a contract volume which is representative of approximately 1.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 213.7% of PEN's average daily trading volume over the past month, of 691,040 shares..