Noteworthy Friday Option Activity: WORK, AMBA, CVNA
November 20, 2020 at 15:33 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Slack Technologies Inc (WORK), where a total volume of 134,327 contracts has been traded thus far today, a contract volume which is representative of approximately 13.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 141.7% of WORK's average daily trading volume over the past month, of 9.5 million shares..