Noteworthy Tuesday Option Activity: SPOT, RIOT, ZS
September 07, 2021 at 15:20 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 27,531 contracts has been traded thus far today, a contract volume which is representative of approximately 2.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 178.7% of SPOT's average daily trading volume over the past month, of 1.5 million shares..