Noteworthy Thursday Option Activity: AAL, GOGO, CVX
April 21, 2016 at 15:33 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 87,942 contracts has been traded thus far today, a contract volume which is representative of approximately 8.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 112% of AAL's average daily trading volume over the past month, of 7.9 million shares..