Noteworthy Monday Option Activity: CXO, ZGNX, CLR
September 16, 2019 at 15:18 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Concho Resources Inc (CXO), where a total volume of 10,969 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 43.8% of CXO's average daily trading volume over the past month, of 2.5 million shares..