Noteworthy Monday Option Activity: SPOT, UBER, LL
August 03, 2020 at 20:36 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Spotify Technology SA (SPOT), where a total volume of 13,591 contracts has been traded thus far today, a contract volume which is representative of approximately 1.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.4% of SPOT's average daily trading volume over the past month, of 2.9 million shares..