Noteworthy Friday Option Activity: RNG, RPD, IONS
October 18, 2019 at 15:18 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in RingCentral Inc (RNG), where a total volume of 8,038 contracts has been traded thus far today, a contract volume which is representative of approximately 803,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.9% of RNG's average daily trading volume over the past month, of 1.6 million shares..