Noteworthy Wednesday Option Activity: SPOT, SAFM, SPR
January 22, 2020 at 15:20 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Spotify Technology SA (SPOT), where a total volume of 11,787 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 109.6% of SPOT's average daily trading volume over the past month, of 1.1 million shares..