Notable Friday Option Activity: OLED, PLNT, CDNS
October 11, 2019 at 15:28 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Universal Display Corp (OLED), where a total volume of 4,080 contracts has been traded thus far today, a contract volume which is representative of approximately 408,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 64.2% of OLED's average daily trading volume over the past month, of 635,915 shares..