Noteworthy Wednesday Option Activity: SCHN, NTNX, AZZ
July 07, 2021 at 15:38 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Schnitzer Steel Industries Inc (SCHN), where a total volume of 2,907 contracts has been traded thus far today, a contract volume which is representative of approximately 290,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 75.8% of SCHN's average daily trading volume over the past month, of 383,360 shares..
