Notable Wednesday Option Activity: NET, AKRO, ALKS
July 28, 2021 at 15:32 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in CloudFlare Inc (NET), where a total volume of 12,928 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 55.8% of NET's average daily trading volume over the past month, of 2.3 million shares..