Noteworthy Friday Option Activity: SNOW, OPRX, VMW
August 20, 2021 at 15:20 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Snowflake Inc (SNOW), where a total volume of 148,587 contracts has been traded thus far today, a contract volume which is representative of approximately 14.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 515.2% of SNOW's average daily trading volume over the past month, of 2.9 million shares..