Notable Friday Option Activity: TSLA, SNOW, LULU
May 24, 2024 at 15:19 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Tesla Inc (TSLA), where a total volume of 1.6 million contracts has been traded thus far today, a contract volume which is representative of approximately 164.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 180.5% of TSLA's average daily trading volume over the past month, of 91.2 million shares..