Noteworthy Monday Option Activity: MGM, VRNS, ECHO
September 19, 2016 at 16:19 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in MGM Resorts International (MGM), where a total volume of 23,481 contracts has been traded thus far today, a contract volume which is representative of approximately 2.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.7% of MGM's average daily trading volume over the past month, of 4.8 million shares..