Noteworthy Tuesday Option Activity: AMBC, BZH, GT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ambac Financial Group, Inc. (AMBC), where a total volume of 2,041 contracts has been traded thus far today, a contract volume which is representative of approximately 204,100 underlying shares (given that every 1 contract represents 100 underlying shares)..