Noteworthy Thursday Option Activity: MGM, AMC, FIZZ
October 12, 2017 at 15:21 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 67,098 contracts has been traded thus far today, a contract volume which is representative of approximately 6.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 67.3% of MGM's average daily trading volume over the past month, of 10.0 million shares..