Noteworthy Friday Option Activity: ZM, GME, CYRX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Zoom Video Communications Inc (ZM), where a total volume of 116,495 contracts has been traded thus far today, a contract volume which is representative of approximately 11.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 220.1% of ZM's average daily trading volume over the past month, of 5.3 million shares..