Noteworthy Tuesday Option Activity: AXL, FB, SWHC
December 27, 2016 at 15:24 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in American Axle & Manufacturing Holdings Inc (AXL), where a total volume of 8,676 contracts has been traded thus far today, a contract volume which is representative of approximately 867,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 60.5% of AXL's average daily trading volume over the past month, of 1.4 million shares..