Notable Wednesday Option Activity: GCT, LEU, DUOL
August 07, 2024 at 15:18 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in GigaCloud Technology Inc (GCT), where a total volume of 6,443 contracts has been traded thus far today, a contract volume which is representative of approximately 644,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 56.5% of GCT's average daily trading volume over the past month, of 1.1 million shares..