Notable Friday Option Activity: NEM, FLNG, SOC
August 16, 2024 at 15:26 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Newmont Corp (NEM), where a total volume of 39,303 contracts has been traded thus far today, a contract volume which is representative of approximately 3.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.9% of NEM's average daily trading volume over the past month, of 7.7 million shares..