Notable Friday Option Activity: UPS, LULU, ITT
September 15, 2017 at 15:29 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in United Parcel Service Inc (UPS), where a total volume of 8,087 contracts has been traded thus far today, a contract volume which is representative of approximately 808,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 41.5% of UPS's average daily trading volume over the past month, of 1.9 million shares..