Notable Friday Option Activity: IP, WFC, RL
October 20, 2017 at 14:22 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in International Paper Co (IP), where a total volume of 7,824 contracts has been traded thus far today, a contract volume which is representative of approximately 782,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51.9% of IP's average daily trading volume over the past month, of 1.5 million shares..