Noteworthy Thursday Option Activity: PPG, SVMK, MGNI

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in PPG Industries Inc (PPG), where a total volume of 10,656 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 65% of PPG's average daily trading volume over the past month, of 1.6 million shares..
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