Notable Monday Option Activity: AOUT, OXY, FDX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in American Outdoor Brands Inc (AOUT), where a total volume of 1,076 contracts has been traded thus far today, a contract volume which is representative of approximately 107,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.2% of AOUT's average daily trading volume over the past month, of 243,435 shares..