Notable Thursday Option Activity: PPG, T, CMI
July 27, 2017 at 13:31 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in PPG Industries Inc (PPG), where a total volume of 11,329 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 86.6% of PPG's average daily trading volume over the past month, of 1.3 million shares..