Noteworthy Tuesday Option Activity: AA, CTXS, PDFS
March 26, 2019 at 15:17 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Alcoa Corporation (AA), where a total volume of 13,726 contracts has been traded thus far today, a contract volume which is representative of approximately 1.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.8% of AA's average daily trading volume over the past month, of 3.1 million shares..