Noteworthy Friday Option Activity: HBI, LLY, SYF
May 27, 2016 at 13:56 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in HanesBrands Inc (HBI), where a total volume of 20,828 contracts has been traded thus far today, a contract volume which is representative of approximately 2.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 66.6% of HBI's average daily trading volume over the past month, of 3.1 million shares..