Noteworthy Thursday Option Activity: TSO, JPM, BIIB
August 06, 2015 at 15:05 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Tesoro Corporation (TSO), where a total volume of 17,732 contracts has been traded thus far today, a contract volume which is representative of approximately 1.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 75% of TSO's average daily trading volume over the past month, of 2.4 million shares..