Notable Thursday Option Activity: APC, CMA, SNDK
October 08, 2015 at 15:11 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Anadarko Petroleum Corp (APC), where a total volume of 22,334 contracts has been traded thus far today, a contract volume which is representative of approximately 2.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.5% of APC's average daily trading volume over the past month, of 4.5 million shares..