Notable Wednesday Option Activity: TSLA, CF, IT
May 05, 2021 at 13:33 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Tesla Inc (TSLA), where a total volume of 480,296 contracts has been traded thus far today, a contract volume which is representative of approximately 48.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 152.5% of TSLA's average daily trading volume over the past month, of 31.5 million shares..