Noteworthy Wednesday Option Activity: NOW, SFM, ETSY
May 06, 2020 at 15:25 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in ServiceNow Inc (NOW), where a total volume of 12,792 contracts has been traded thus far today, a contract volume which is representative of approximately 1.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53.5% of NOW's average daily trading volume over the past month, of 2.4 million shares..