Notable Monday Option Activity: CIEN, HCSG, SPGI
July 27, 2020 at 15:19 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 9,955 contracts has been traded thus far today, a contract volume which is representative of approximately 995,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53.3% of CIEN's average daily trading volume over the past month, of 1.9 million shares..