Noteworthy Friday Option Activity: UPST, HEAR, IMAX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Upstart Holdings Inc (UPST), where a total volume of 57,585 contracts has been traded thus far today, a contract volume which is representative of approximately 5.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 128.7% of UPST's average daily trading volume over the past month, of 4.5 million shares..
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