Noteworthy Wednesday Option Activity: AA, AMTD, JNJ
September 20, 2017 at 15:36 PM EDT
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 20,976 contracts has been traded thus far today, a contract volume which is representative of approximately 2.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.9% of AA's average daily trading volume over the past month, of 4.2 million shares..