Notable Wednesday Option Activity: WDC, NKE, MMM
August 05, 2020 at 13:48 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Western Digital Corp (WDC), where a total volume of 31,328 contracts has been traded thus far today, a contract volume which is representative of approximately 3.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 72.3% of WDC's average daily trading volume over the past month, of 4.3 million shares..