Noteworthy Tuesday Option Activity: SYF, MDLZ, ARAY
September 27, 2016 at 15:25 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Synchrony Financial (SYF), where a total volume of 47,382 contracts has been traded thus far today, a contract volume which is representative of approximately 4.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 77.1% of SYF's average daily trading volume over the past month, of 6.1 million shares..