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Notable Tuesday Option Activity: FTNT, TSLA, PANW

by www.forbes.com
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Fortinet Inc (NASD: FTNT), where a total of 16,153 contracts have traded so far, representing approximately 1.6 million underlying shares. That amounts to about 112.4% of FTNT's average daily trading volume over the past month of 1.4 million shares. Especially high volume was seen for the $34 strike put option expiring October 21, 2016, with 4,278 contracts trading so far today, representing approximately 427,800 underlying shares of FTNT. Below is a chart showing FTNT's trailing twelve month trading history, with the $34 strike highlighted in orange:
Read Full Article On www.forbes.com
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