Noteworthy Thursday Option Activity: VRT, GILD, MATV

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Vertiv Holdings Co (VRT), where a total volume of 69,948 contracts has been traded thus far today, a contract volume which is representative of approximately 7.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 56% of VRT's average daily trading volume over the past month, of 12.5 million shares..