Notable Wednesday Option Activity: EMN, CHTR, ABC
May 08, 2019 at 13:19 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Eastman Chemical Co (EMN), where a total volume of 12,010 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 104.8% of EMN's average daily trading volume over the past month, of 1.1 million shares..