Notable Tuesday Option Activity: USM, GM, NLS
May 07, 2019 at 15:21 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in United States Cellular Corp (USM), where a total volume of 1,801 contracts has been traded thus far today, a contract volume which is representative of approximately 180,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 54% of USM's average daily trading volume over the past month, of 333,595 shares..