Noteworthy Thursday Option Activity: SAVE, AKRX, SAFM
July 25, 2019 at 15:16 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Spirit Airlines Inc (SAVE), where a total volume of 17,953 contracts has been traded thus far today, a contract volume which is representative of approximately 1.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 171.6% of SAVE's average daily trading volume over the past month, of 1.0 million shares..