Noteworthy Wednesday Option Activity: CRWD, NFLX, TSLA

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in CrowdStrike Holdings Inc (CRWD), where a total volume of 123,554 contracts has been traded thus far today, a contract volume which is representative of approximately 12.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 358.6% of CRWD's average daily trading volume over the past month, of 3.4 million shares..