Noteworthy Wednesday Option Activity: NKE, UPS, FCX
February 17, 2021 at 14:02 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Nike (NKE), where a total volume of 31,865 contracts has been traded thus far today, a contract volume which is representative of approximately 3.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 60.7% of NKE's average daily trading volume over the past month, of 5.2 million shares..