Noteworthy Monday Option Activity: MGM, NAV, AAWW
October 07, 2019 at 15:24 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in MGM Resorts International (MGM), where a total volume of 30,091 contracts has been traded thus far today, a contract volume which is representative of approximately 3.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 52.8% of MGM's average daily trading volume over the past month, of 5.7 million shares..