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Noteworthy Tuesday Option Activity: FDX, MRNS, TRGP

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in FedEx Corp (FDX), where a total volume of 123,035 contracts has been traded thus far today, a contract volume which is representative of approximately 12.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 446.6% of FDX's average daily trading volume over the past month, of 2.8 million shares..
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