Noteworthy Monday Option Activity: AAL, CHGG, SAM
May 04, 2020 at 15:17 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in American Airlines Group Inc (AAL), where a total volume of 396,687 contracts has been traded thus far today, a contract volume which is representative of approximately 39.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.9% of AAL's average daily trading volume over the past month, of 86.4 million shares..