Noteworthy Wednesday Option Activity: SAVE, IGT, ISEE
July 27, 2022 at 15:57 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Spirit Airlines Inc (SAVE), where a total volume of 16,446 contracts has been traded thus far today, a contract volume which is representative of approximately 1.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 69.3% of SAVE's average daily trading volume over the past month, of 2.4 million shares..