Noteworthy Monday Option Activity: NFLX, BKNG, TWTR
October 12, 2020 at 14:05 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Netflix Inc (NFLX), where a total volume of 75,700 contracts has been traded thus far today, a contract volume which is representative of approximately 7.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 147% of NFLX's average daily trading volume over the past month, of 5.1 million shares..