Notable Monday Option Activity: SPOT, AXSM, HOOD
July 08, 2024 at 15:21 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 10,531 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 67.4% of SPOT's average daily trading volume over the past month, of 1.6 million shares..