Noteworthy Wednesday Option Activity: UBER, SAVE, GM
October 28, 2020 at 15:23 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Uber Technologies Inc (UBER), where a total volume of 73,162 contracts has been traded thus far today, a contract volume which is representative of approximately 7.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.6% of UBER's average daily trading volume over the past month, of 16.4 million shares..