Noteworthy Tuesday Option Activity: PANW, BYD, TPB

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Palo Alto Networks, Inc (PANW), where a total volume of 5,788 contracts has been traded thus far today, a contract volume which is representative of approximately 578,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 73.4% of PANW's average daily trading volume over the past month, of 788,035 shares..
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