Noteworthy Wednesday Option Activity: AAL, DAL, YHOO
May 20, 2015 at 13:43 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in American Airlines Group Inc (AAL), where a total volume of 287,478 contracts has been traded thus far today, a contract volume which is representative of approximately 28.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 293.1% of AAL's average daily trading volume over the past month, of 9.8 million shares..