Noteworthy Tuesday Option Activity: LB, GM, RHT
February 26, 2019 at 14:55 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in L Brands, Inc (LB), where a total volume of 25,533 contracts has been traded thus far today, a contract volume which is representative of approximately 2.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 80% of LB's average daily trading volume over the past month, of 3.2 million shares..