Noteworthy Friday Option Activity: SPOT, AXSM, PTON
January 14, 2022 at 15:34 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 8,338 contracts has been traded thus far today, a contract volume which is representative of approximately 833,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 72.3% of SPOT's average daily trading volume over the past month, of 1.2 million shares..