Noteworthy Tuesday Option Activity: TEAM, TBIO, PENN
June 23, 2020 at 16:33 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Atlassian Corp PLC (TEAM), where a total volume of 14,390 contracts has been traded thus far today, a contract volume which is representative of approximately 1.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 69.9% of TEAM's average daily trading volume over the past month, of 2.1 million shares..