Noteworthy Thursday Option Activity: SAVE, ALGT, FSLR
January 16, 2020 at 15:31 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Spirit Airlines Inc (SAVE), where a total volume of 14,405 contracts has been traded thus far today, a contract volume which is representative of approximately 1.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 120.9% of SAVE's average daily trading volume over the past month, of 1.2 million shares..