Noteworthy Wednesday Option Activity: SPT, SUM, TUP
May 05, 2021 at 15:25 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Sprout Social Inc (SPT), where a total volume of 3,093 contracts has been traded thus far today, a contract volume which is representative of approximately 309,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 82.8% of SPT's average daily trading volume over the past month, of 373,705 shares..