Noteworthy Friday Option Activity: PVAC, CXO, LULU
October 16, 2020 at 15:19 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Penn Virginia Corp (PVAC), where a total volume of 3,325 contracts has been traded thus far today, a contract volume which is representative of approximately 332,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 81.7% of PVAC's average daily trading volume over the past month, of 407,125 shares..