Noteworthy Tuesday Option Activity: UAL, BW, MU
August 24, 2021 at 16:59 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in United Airlines Holdings Inc (UAL), where a total volume of 65,606 contracts has been traded thus far today, a contract volume which is representative of approximately 6.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 61.9% of UAL's average daily trading volume over the past month, of 10.6 million shares..