Notable Monday Option Activity: UPS, LMT, XLNX
November 28, 2016 at 14:28 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in United Parcel Service Inc (UPS), where a total volume of 17,036 contracts has been traded thus far today, a contract volume which is representative of approximately 1.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 58.1% of UPS's average daily trading volume over the past month, of 2.9 million shares..