Noteworthy Wednesday Option Activity: TNK, NRDS, NKE
May 15, 2024 at 15:23 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Teekay Tankers Ltd (TNK), where a total volume of 1,538 contracts has been traded thus far today, a contract volume which is representative of approximately 153,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.3% of TNK's average daily trading volume over the past month, of 311,665 shares..