Notable Tuesday Option Activity: GMS, ON, FL

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in GMS Inc (GMS), where a total volume of 3,093 contracts has been traded thus far today, a contract volume which is representative of approximately 309,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 86.9% of GMS's average daily trading volume over the past month, of 355,970 shares..
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