Notable Friday Option Activity: NET, GNRC, ETSY

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in CloudFlare Inc (NET), where a total volume of 20,826 contracts has been traded thus far today, a contract volume which is representative of approximately 2.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51.3% of NET's average daily trading volume over the past month, of 4.1 million shares..