Noteworthy Tuesday Option Activity: FCX, CPRI, NVDA
February 19, 2019 at 13:40 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Freeport-McMoran Copper & Gold (FCX), where a total volume of 132,617 contracts has been traded thus far today, a contract volume which is representative of approximately 13.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.8% of FCX's average daily trading volume over the past month, of 29.0 million shares..