Notable Friday Option Activity: COIN, SIBN, DYN

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Coinbase Global Inc (COIN), where a total volume of 200,780 contracts has been traded thus far today, a contract volume which is representative of approximately 20.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 195.7% of COIN's average daily trading volume over the past month, of 10.3 million shares..