Noteworthy Wednesday Option Activity: ALLY, PZZA, AMBA
January 12, 2022 at 15:29 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ally Financial Inc (ALLY), where a total volume of 10,223 contracts has been traded thus far today, a contract volume which is representative of approximately 1.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.8% of ALLY's average daily trading volume over the past month, of 2.3 million shares..