Noteworthy Friday Option Activity: PM, PVH, C
September 04, 2015 at 14:53 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Philip Morris International Inc (PM), where a total volume of 17,603 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 40.7% of PM's average daily trading volume over the past month, of 4.3 million shares..