Noteworthy Wednesday Option Activity: UPS, TPX, TUP
March 20, 2019 at 15:20 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in United Parcel Service Inc (UPS), where a total volume of 30,621 contracts has been traded thus far today, a contract volume which is representative of approximately 3.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 99% of UPS's average daily trading volume over the past month, of 3.1 million shares..