Notable Monday Option Activity: WOLF, FIVN, AVGO

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Wolfspeed Inc (WOLF), where a total volume of 153,746 contracts has been traded thus far today, a contract volume which is representative of approximately 15.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.6% of WOLF's average daily trading volume over the past month, of 33.7 million shares..