Noteworthy Thursday Option Activity: CLF, PBI, DY
January 25, 2018 at 15:17 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cleveland-Cliffs Inc (CLF), where a total volume of 79,587 contracts has been traded thus far today, a contract volume which is representative of approximately 8.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 58.4% of CLF's average daily trading volume over the past month, of 13.6 million shares..