Notable Tuesday Option Activity: UPS, AAPL, CAR
September 27, 2016 at 15:26 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in United Parcel Service Inc (UPS), where a total volume of 13,337 contracts has been traded thus far today, a contract volume which is representative of approximately 1.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 55.6% of UPS's average daily trading volume over the past month, of 2.4 million shares..