Noteworthy Friday Option Activity: AMWL, AAL, XONE
May 14, 2021 at 15:35 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in American Well Corp (AMWL), where a total volume of 21,853 contracts has been traded thus far today, a contract volume which is representative of approximately 2.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51.5% of AMWL's average daily trading volume over the past month, of 4.2 million shares..