Noteworthy Tuesday Option Activity: RXT, TGTX, RWT
May 11, 2021 at 15:24 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Rackspace Technology Inc (RXT), where a total volume of 7,054 contracts has been traded thus far today, a contract volume which is representative of approximately 705,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 76.4% of RXT's average daily trading volume over the past month, of 922,875 shares..
