Notable Thursday Option Activity: QCOM, MU, WDAY
May 23, 2024 at 15:20 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Qualcomm Inc (QCOM), where a total volume of 74,220 contracts has been traded thus far today, a contract volume which is representative of approximately 7.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 83.2% of QCOM's average daily trading volume over the past month, of 8.9 million shares..