Notable Monday Option Activity: GPS, IMKTA, SRI
March 15, 2021 at 15:30 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in The Gap Inc (GPS), where a total volume of 43,105 contracts has been traded thus far today, a contract volume which is representative of approximately 4.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 54.7% of GPS's average daily trading volume over the past month, of 7.9 million shares..