Notable Friday Option Activity: AA, VFC, NOW
April 12, 2024 at 15:18 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 45,445 contracts has been traded thus far today, a contract volume which is representative of approximately 4.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 72.5% of AA's average daily trading volume over the past month, of 6.3 million shares..