Notable Wednesday Option Activity: COP, CERE, TWLO
June 12, 2024 at 15:33 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in ConocoPhillips (COP), where a total volume of 27,837 contracts has been traded thus far today, a contract volume which is representative of approximately 2.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46.6% of COP's average daily trading volume over the past month, of 6.0 million shares..