Notable Friday Option Activity: SQ, LOCO, OSPN
May 03, 2024 at 15:47 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Block Inc (SQ), where a total volume of 205,677 contracts has been traded thus far today, a contract volume which is representative of approximately 20.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 270.2% of SQ's average daily trading volume over the past month, of 7.6 million shares..