Notable Friday Option Activity: CHGG, LRCX, UCTT
May 03, 2019 at 15:20 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Chegg Inc (CHGG), where a total volume of 11,434 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 54.2% of CHGG's average daily trading volume over the past month, of 2.1 million shares..