Notable Tuesday Option Activity: LUV, AKAM, SEAS
January 25, 2022 at 15:28 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Southwest Airlines Co (LUV), where a total volume of 32,753 contracts has been traded thus far today, a contract volume which is representative of approximately 3.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42.3% of LUV's average daily trading volume over the past month, of 7.7 million shares..