Noteworthy Tuesday Option Activity: CVNA, KOD, UNFI
July 21, 2020 at 15:38 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Carvana Co (CVNA), where a total volume of 6,828 contracts has been traded thus far today, a contract volume which is representative of approximately 682,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42.6% of CVNA's average daily trading volume over the past month, of 1.6 million shares..