Notable Wednesday Option Activity: OVV, GD, MEG
January 12, 2022 at 15:19 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ovintiv Inc (OVV), where a total volume of 52,625 contracts has been traded thus far today, a contract volume which is representative of approximately 5.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 189.6% of OVV's average daily trading volume over the past month, of 2.8 million shares..