Noteworthy Wednesday Option Activity: LUMN, CBOE, JPM
June 09, 2021 at 13:46 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Lumen Technologies Inc (LUMN), where a total volume of 39,986 contracts has been traded thus far today, a contract volume which is representative of approximately 4.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.6% of LUMN's average daily trading volume over the past month, of 9.0 million shares..