Noteworthy Tuesday Option Activity: LYFT, RKT, SLM
January 12, 2021 at 15:30 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Lyft Inc (LYFT), where a total volume of 35,134 contracts has been traded thus far today, a contract volume which is representative of approximately 3.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 60.2% of LYFT's average daily trading volume over the past month, of 5.8 million shares..