Notable Monday Option Activity: LITE, LUV, RAMP
August 10, 2020 at 15:23 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Lumentum Holdings Inc (LITE), where a total volume of 4,566 contracts has been traded thus far today, a contract volume which is representative of approximately 456,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.7% of LITE's average daily trading volume over the past month, of 1.0 million shares..