Notable Wednesday Option Activity: ESTC, XXII, EVLO
November 24, 2021 at 15:31 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Elastic NV (ESTC), where a total volume of 4,778 contracts has been traded thus far today, a contract volume which is representative of approximately 477,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 55.4% of ESTC's average daily trading volume over the past month, of 861,750 shares..