Notable Friday Option Activity: AKAM, HIMS, PTON
May 03, 2024 at 15:45 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Akamai Technologies Inc (AKAM), where a total volume of 6,874 contracts has been traded thus far today, a contract volume which is representative of approximately 687,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 58.4% of AKAM's average daily trading volume over the past month, of 1.2 million shares..