Noteworthy Tuesday Option Activity: IP, MR, AVGO
January 21, 2020 at 16:17 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in International Paper Co (IP), where a total volume of 12,887 contracts has been traded thus far today, a contract volume which is representative of approximately 1.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 52.5% of IP's average daily trading volume over the past month, of 2.5 million shares..