Noteworthy Wednesday Option Activity: NFLX, CMG, GOOGL
April 08, 2020 at 15:15 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 72,117 contracts has been traded thus far today, a contract volume which is representative of approximately 7.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 79.9% of NFLX's average daily trading volume over the past month, of 9.0 million shares..