Notable Wednesday Option Activity: TPR, CONN, XOM
June 02, 2021 at 15:44 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Tapestry Inc (TPR), where a total volume of 17,695 contracts has been traded thus far today, a contract volume which is representative of approximately 1.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.9% of TPR's average daily trading volume over the past month, of 3.5 million shares..