Noteworthy Wednesday Option Activity: SQ, CEVA, FRPT
May 13, 2020 at 15:29 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Square Inc (SQ), where a total volume of 94,608 contracts has been traded thus far today, a contract volume which is representative of approximately 9.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 66.2% of SQ's average daily trading volume over the past month, of 14.3 million shares..