Noteworthy Tuesday Option Activity: FYBR, REI, RIVN
May 07, 2024 at 15:30 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Frontier Communications Parent Inc (FYBR), where a total volume of 17,292 contracts has been traded thus far today, a contract volume which is representative of approximately 1.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 109.7% of FYBR's average daily trading volume over the past month, of 1.6 million shares..