Notable Tuesday Option Activity: SHLD, AKS, TPX
July 26, 2016 at 15:30 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Sears Holdings Corp (SHLD), where a total volume of 11,223 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 261.7% of SHLD's average daily trading volume over the past month, of 428,820 shares..