Noteworthy Tuesday Option Activity: CIEN, EGHT, WPC
July 20, 2021 at 15:37 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ciena Corp (CIEN), where a total volume of 4,682 contracts has been traded thus far today, a contract volume which is representative of approximately 468,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.1% of CIEN's average daily trading volume over the past month, of 1.1 million shares..