Noteworthy Friday Option Activity: LUV, GRMN, SAM
March 10, 2017 at 16:02 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Southwest Airlines Co (LUV), where a total volume of 24,735 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 LUV's average daily trading volume over the past month, of 5.7 million shares..