Noteworthy Wednesday Option Activity: ON, THOR, KNX
January 15, 2020 at 15:22 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in ON Semiconductor Corp (ON), where a total volume of 26,764 contracts has been traded thus far today, a contract volume which is representative of approximately 2.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 55.5% of ON's average daily trading volume over the past month, of 4.8 million shares..