Noteworthy Thursday Option Activity: APP, AI, HNRG

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Applovin Corp (APP), where a total volume of 150,331 contracts has been traded thus far today, a contract volume which is representative of approximately 15.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 268.7% of APP's average daily trading volume over the past month, of 5.6 million shares..