Notable Friday Option Activity: COF, NOC, LUV
June 02, 2023 at 15:24 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Capital One Financial Corp (COF), where a total volume of 16,973 contracts has been traded thus far today, a contract volume which is representative of approximately 1.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.6% of COF's average daily trading volume over the past month, of 3.8 million shares..