Notable Wednesday Option Activity: GMS, TG, ADI
December 02, 2020 at 15:22 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in GMS Inc (GMS), where a total volume of 12,353 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 296.3% of GMS's average daily trading volume over the past month, of 416,845 shares..