Notable Friday Option Activity: RIVN, HD, WMS
July 12, 2024 at 15:18 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Rivian Automotive Inc (RIVN), where a total volume of 616,081 contracts has been traded thus far today, a contract volume which is representative of approximately 61.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 98.9% of RIVN's average daily trading volume over the past month, of 62.3 million shares..