Notable Wednesday Option Activity: UPS, BAC, C
August 25, 2021 at 13:43 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in United Parcel Service Inc (UPS), where a total volume of 18,565 contracts has been traded thus far today, a contract volume which is representative of approximately 1.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 68.9% of UPS's average daily trading volume over the past month, of 2.7 million shares..