Notable Tuesday Option Activity: VLY, ADSK, FCX
June 11, 2024 at 15:21 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Valley National Bancorp (VLY), where a total volume of 22,086 contracts has been traded thus far today, a contract volume which is representative of approximately 2.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.4% of VLY's average daily trading volume over the past month, of 4.5 million shares..