Noteworthy Tuesday Option Activity: STNG, CSTM, UBER
June 25, 2024 at 15:24 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Scorpio Tankers Inc (STNG), where a total volume of 3,447 contracts has been traded thus far today, a contract volume which is representative of approximately 344,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.5% of STNG's average daily trading volume over the past month, of 725,650 shares..