Noteworthy Friday Option Activity: RIOT, CVX, JCI
May 17, 2024 at 15:18 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Riot Platforms Inc (RIOT), where a total volume of 116,271 contracts has been traded thus far today, a contract volume which is representative of approximately 11.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.2% of RIOT's average daily trading volume over the past month, of 26.3 million shares..