Noteworthy Wednesday Option Activity: PBI, VMW, PTON

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Pitney Bowes Inc (PBI), where a total volume of 43,120 contracts has been traded thus far today, a contract volume which is representative of approximately 4.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 180.2% of PBI's average daily trading volume over the past month, of 2.4 million shares..
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