Noteworthy Wednesday Option Activity: ZEN, MSFT, PSTG
February 03, 2021 at 15:17 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Zendesk Inc (ZEN), where a total volume of 16,245 contracts has been traded thus far today, a contract volume which is representative of approximately 1.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 107.8% of ZEN's average daily trading volume over the past month, of 1.5 million shares..