Notable Wednesday Option Activity: GCI, PVH, EGAN
February 10, 2021 at 15:18 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Gannett Co Inc (GCI), where a total volume of 13,207 contracts has been traded thus far today, a contract volume which is representative of approximately 1.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 55% of GCI's average daily trading volume over the past month, of 2.4 million shares..