Noteworthy Thursday Option Activity: SONO, EGHT, ECL
May 21, 2020 at 16:32 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Sonos Inc (SONO), where a total volume of 66,726 contracts has been traded thus far today, a contract volume which is representative of approximately 6.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 574.1% of SONO's average daily trading volume over the past month, of 1.2 million shares..