Noteworthy Tuesday Option Activity: FDX, BMBL, CVNA
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 FedEx Corp (FDX), where a total volume of 71,343 contracts has been traded thus far today, a contract volume which is representative of approximately 7.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 508.4% of FDX's average daily trading volume over the past month, of 1.4 million shares..