Noteworthy Friday Option Activity: BGCP, MGNI, GME
December 18, 2020 at 15:16 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in BGC Partners Inc - Class A (BGCP), where a total volume of 41,058 contracts has been traded thus far today, a contract volume which is representative of approximately 4.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 149.4% of BGCP's average daily trading volume over the past month, of 2.7 million shares..