Noteworthy Friday Option Activity: MGNI, FIVE, ARNA
April 09, 2021 at 15:24 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Magnite Inc (MGNI), where a total volume of 15,091 contracts has been traded thus far today, a contract volume which is representative of approximately 1.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.9% of MGNI's average daily trading volume over the past month, of 3.0 million shares..