Notable Thursday Option Activity: QS, CVNA, PRAX
July 11, 2024 at 15:19 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in QuantumScape Corp (QS), where a total volume of 178,153 contracts has been traded thus far today, a contract volume which is representative of approximately 17.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 333.1% of QS's average daily trading volume over the past month, of 5.3 million shares..