Notable Wednesday Option Activity: UBER, MDT, HEI
June 24, 2020 at 15:17 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Uber Technologies Inc (UBER), where a total volume of 134,321 contracts has been traded thus far today, a contract volume which is representative of approximately 13.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.7% of UBER's average daily trading volume over the past month, of 26.5 million shares..