Notable Thursday Option Activity: RIVN, MSTR, GME
March 07, 2024 at 15:16 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Rivian Automotive Inc (RIVN), where a total volume of 662,990 contracts has been traded thus far today, a contract volume which is representative of approximately 66.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 126.3% of RIVN's average daily trading volume over the past month, of 52.5 million shares..