Noteworthy Monday Option Activity: NFLX, LULU, CMG
August 03, 2020 at 20:33 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Netflix Inc (NFLX), where a total volume of 132,379 contracts has been traded thus far today, a contract volume which is representative of approximately 13.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 122.5% of NFLX's average daily trading volume over the past month, of 10.8 million shares..