Noteworthy Wednesday Option Activity: UPS, KSS, STT
November 11, 2015 at 14:53 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 21,711 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 72.4% of UPS's average daily trading volume over the past month, of 3.0 million shares..