Noteworthy Wednesday Option Activity: IP, AMGN, FDX
October 07, 2015 at 14:50 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in International Paper Co (IP), where a total volume of 31,906 contracts has been traded thus far today, a contract volume which is representative of approximately 3.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 103.4% of IP's average daily trading volume over the past month, of 3.1 million shares..