Noteworthy Monday Option Activity: ZUO, TREC, QDEL
June 15, 2020 at 15:20 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Zuora Inc (ZUO), where a total volume of 16,936 contracts has been traded thus far today, a contract volume which is representative of approximately 1.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 74.6% of ZUO's average daily trading volume over the past month, of 2.3 million shares..
