Notable Tuesday Option Activity: CHGG, RCII, MSTR
December 22, 2020 at 15:47 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Chegg Inc (CHGG), where a total volume of 9,760 contracts has been traded thus far today, a contract volume which is representative of approximately 976,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.1% of CHGG's average daily trading volume over the past month, of 1.9 million shares..