Notable Friday Option Activity: NEWR, USFD, AMRS
January 28, 2022 at 15:18 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in New Relic Inc (NEWR), where a total volume of 12,864 contracts has been traded thus far today, a contract volume which is representative of approximately 1.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 140.7% of NEWR's average daily trading volume over the past month, of 914,485 shares..