Noteworthy Tuesday Option Activity: UAL, MRO, CVX
June 01, 2021 at 14:09 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in United Airlines Holdings Inc (UAL), where a total volume of 58,281 contracts has been traded thus far today, a contract volume which is representative of approximately 5.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.2% of UAL's average daily trading volume over the past month, of 13.2 million shares..