Notable Friday Option Activity: AMR, AAP, BMEA

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Alpha Metallurgical Resources Inc (AMR), where a total volume of 1,257 contracts has been traded thus far today, a contract volume which is representative of approximately 125,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53.1% of AMR's average daily trading volume over the past month, of 236,630 shares..