Noteworthy Wednesday Option Activity: RL, ALLY, AVID
November 09, 2022 at 15:32 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ralph Lauren Corp (RL), where a total volume of 4,836 contracts has been traded thus far today, a contract volume which is representative of approximately 483,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 57.4% of RL's average daily trading volume over the past month, of 842,870 shares..