Notable Monday Option Activity: UAL, GPI, SIG
April 12, 2021 at 15:32 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in United Airlines Holdings Inc (UAL), where a total volume of 95,944 contracts has been traded thus far today, a contract volume which is representative of approximately 9.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 57.4% of UAL's average daily trading volume over the past month, of 16.7 million shares..