Noteworthy Thursday Option Activity: GOGO, WMT, SAFM
June 04, 2020 at 16:26 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Gogo Inc (GOGO), where a total volume of 12,475 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.5% of GOGO's average daily trading volume over the past month, of 2.5 million shares..