Notable Tuesday Option Activity: NAT, MSFT, COST

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Nordic American Tankers Ltd (NAT), where a total volume of 43,869 contracts has been traded thus far today, a contract volume which is representative of approximately 4.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 77.4% of NAT's average daily trading volume over the past month, of 5.7 million shares..
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