Noteworthy Monday Option Activity: LITE, CDLX, COUP
May 11, 2020 at 15:25 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Lumentum Holdings Inc (LITE), where a total volume of 8,640 contracts has been traded thus far today, a contract volume which is representative of approximately 864,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 70.3% of LITE's average daily trading volume over the past month, of 1.2 million shares..