Noteworthy Wednesday Option Activity: INCY, JBL, HAL
June 12, 2024 at 13:24 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Incyte Corporation (INCY), where a total volume of 24,317 contracts has been traded thus far today, a contract volume which is representative of approximately 2.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 52.4% of INCY's average daily trading volume over the past month, of 4.6 million shares..