Notable Friday Option Activity: RIDE, TDOC, ZS
July 23, 2021 at 16:16 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Lordstown Motors Corp (RIDE), where a total volume of 40,111 contracts has been traded thus far today, a contract volume which is representative of approximately 4.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 61.4% of RIDE's average daily trading volume over the past month, of 6.5 million shares..