Notable Thursday Option Activity: MGM, BDX, ALB
August 06, 2020 at 13:45 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in MGM Resorts International (MGM), where a total volume of 96,661 contracts has been traded thus far today, a contract volume which is representative of approximately 9.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.9% of MGM's average daily trading volume over the past month, of 21.5 million shares..