Notable Wednesday Option Activity: COIN, NVRO, PRGO
May 15, 2024 at 15:23 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Coinbase Global Inc (COIN), where a total volume of 153,077 contracts has been traded thus far today, a contract volume which is representative of approximately 15.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 186.5% of COIN's average daily trading volume over the past month, of 8.2 million shares..