Notable Friday Option Activity: DFS, GM, CXO
January 19, 2018 at 13:21 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Discover Financial Services (DFS), where a total volume of 10,564 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 52.1% of DFS's average daily trading volume over the past month, of 2.0 million shares..