Noteworthy Friday Option Activity: UPS, FMI, BMY
November 17, 2017 at 15:24 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in United Parcel Service Inc (UPS), where a total volume of 11,990 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 41.9% of UPS's average daily trading volume over the past month, of 2.9 million shares..