Notable Thursday Option Activity: GPS, AAN, DAL
December 22, 2016 at 15:28 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in The Gap Inc (GPS), where a total volume of 25,313 contracts has been traded thus far today, a contract volume which is representative of approximately 2.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.2% of GPS's average daily trading volume over the past month, of 5.9 million shares..