Noteworthy Tuesday Option Activity: WYNN, IBM, SWKS
June 30, 2015 at 15:00 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Wynn Resorts Ltd (WYNN), where a total volume of 23,793 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 100% of WYNN's average daily trading volume over the past month, of 2.4 million shares..