Notable Monday Option Activity: PNC, TTD, OPCH

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in PNC Financial Services Group (PNC), where a total volume of 7,595 contracts has been traded thus far today, a contract volume which is representative of approximately 759,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.4% of PNC's average daily trading volume over the past month, of 1.5 million shares..