Notable Monday Option Activity: FCX, AAPL, FB
November 08, 2021 at 13:22 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Freeport-McMoran Copper & Gold (FCX), where a total volume of 163,585 contracts has been traded thus far today, a contract volume which is representative of approximately 16.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 85.5% of FCX's average daily trading volume over the past month, of 19.1 million shares..