Noteworthy Tuesday Option Activity: NFLX, MMM, JNJ
June 01, 2021 at 14:09 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Netflix Inc (NFLX), where a total volume of 35,822 contracts has been traded thus far today, a contract volume which is representative of approximately 3.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 107% of NFLX's average daily trading volume over the past month, of 3.3 million shares..