Notable Monday Option Activity: NFE, TPX, SOFI
May 06, 2024 at 15:32 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in New Fortress Energy Inc (NFE), where a total volume of 6,142 contracts has been traded thus far today, a contract volume which is representative of approximately 614,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.6% of NFE's average daily trading volume over the past month, of 1.3 million shares..