Noteworthy Friday Option Activity: ZS, FSLR, NKE
May 26, 2023 at 15:23 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Zscaler Inc (ZS), where a total volume of 23,340 contracts has been traded thus far today, a contract volume which is representative of approximately 2.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 60.9% of ZS's average daily trading volume over the past month, of 3.8 million shares..