Notable Tuesday Option Activity: RHT, ESRX, TRIP
June 19, 2018 at 14:57 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Red Hat Inc (RHT), where a total volume of 7,223 contracts has been traded thus far today, a contract volume which is representative of approximately 722,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.4% of RHT's average daily trading volume over the past month, of 1.5 million shares..