Noteworthy Tuesday Option Activity: AMR, SCCO, NEM

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Alpha Metallurgical Resources Inc (AMR), where a total volume of 926 contracts has been traded thus far today, a contract volume which is representative of approximately 92,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.1% of AMR's average daily trading volume over the past month, of 184,680 shares..