Notable Friday Option Activity: SPOT, DD, GBT
September 04, 2020 at 15:22 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Spotify Technology SA (SPOT), where a total volume of 13,759 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 93.1% of SPOT's average daily trading volume over the past month, of 1.5 million shares..