Notable Thursday Option Activity: AA, ARAY, ABR
March 07, 2024 at 15:17 PM EST
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 25,787 contracts has been traded thus far today, a contract volume which is representative of approximately 2.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.5% of AA's average daily trading volume over the past month, of 5.7 million shares..