Noteworthy Monday Option Activity: DKNG, LRCX, LOPE
May 06, 2024 at 15:32 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in DraftKings Inc (DKNG), where a total volume of 59,950 contracts has been traded thus far today, a contract volume which is representative of approximately 6.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 60.6% of DKNG's average daily trading volume over the past month, of 9.9 million shares..