Notable Friday Option Activity: PENN, MU, ONEM
March 05, 2021 at 15:26 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Penn National Gaming Inc (PENN), where a total volume of 43,104 contracts has been traded thus far today, a contract volume which is representative of approximately 4.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 93% of PENN's average daily trading volume over the past month, of 4.6 million shares..