Noteworthy Tuesday Option Activity: AA, CALA, LGIH
December 29, 2020 at 15:34 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Alcoa Corporation (AA), where a total volume of 33,300 contracts has been traded thus far today, a contract volume which is representative of approximately 3.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 61.6% of AA's average daily trading volume over the past month, of 5.4 million shares..