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September 01, 2020 1:39pm
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Noteworthy Friday Option Activity: DKNG, ACHR, ALGN

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in DraftKings Inc (DKNG), where a total volume of 38,418 contracts has been traded thus far today, a contract volume which is representative of approximately 3.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46% of DKNG's average daily trading volume over the past month, of 8.4 million shares..
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