Noteworthy Wednesday Option Activity: RXT, WEN, SSTK
August 11, 2021 at 15:27 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 6,599 contracts has been traded thus far today, a contract volume which is representative of approximately 659,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 76.1% of RXT's average daily trading volume over the past month, of 867,190 shares..