Notable Friday Option Activity: DVMT, VMW, TTD

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Dell Technologies Inc (DVMT), where a total volume of 6,785 contracts has been traded thus far today, a contract volume which is representative of approximately 678,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 64.5% of DVMT's average daily trading volume over the past month, of 1.1 million shares..