Notable Monday Option Activity: CIEN, EGRX, PLCE
December 02, 2019 at 15:20 PM EST
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 10,788 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 56.1% of CIEN's average daily trading volume over the past month, of 1.9 million shares..