Notable Friday Option Activity: GCI, RMBS, FSP
July 19, 2019 at 15:25 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Gannett Co Inc (GCI), where a total volume of 4,635 contracts has been traded thus far today, a contract volume which is representative of approximately 463,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 69.2% of GCI's average daily trading volume over the past month, of 669,370 shares..