Notable Tuesday Option Activity: GPS, AAXN, RAMP
November 20, 2018 at 15:16 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in The Gap Inc (GPS), where a total volume of 23,341 contracts has been traded thus far today, a contract volume which is representative of approximately 2.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 52.1% of GPS's average daily trading volume over the past month, of 4.5 million shares..