Noteworthy Wednesday Option Activity: DAL, LULU, SFM
May 16, 2018 at 15:17 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Delta Air Lines Inc (DAL), where a total volume of 35,697 contracts has been traded thus far today, a contract volume which is representative of approximately 3.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.8% of DAL's average daily trading volume over the past month, of 7.2 million shares..