Noteworthy Thursday Option Activity: FTAI, HOOD, ALTG

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in FTAI Aviation Ltd (FTAI), where a total volume of 23,205 contracts has been traded thus far today, a contract volume which is representative of approximately 2.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 128% of FTAI's average daily trading volume over the past month, of 1.8 million shares..