Noteworthy Friday Option Activity: SMCI, AMAT, FTDR
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 Super Micro Computer Inc (SMCI), where a total volume of 199,450 contracts has been traded thus far today, a contract volume which is representative of approximately 19.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 289.8% of SMCI's average daily trading volume over the past month, of 6.9 million shares..