Notable Wednesday Option Activity: PM, RL, MSFT
June 23, 2021 at 15:22 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Philip Morris International Inc (PM), where a total volume of 51,926 contracts has been traded thus far today, a contract volume which is representative of approximately 5.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 96.2% of PM's average daily trading volume over the past month, of 5.4 million shares..