Notable Tuesday Option Activity: SMCI, DVA, WM
August 06, 2024 at 14:13 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Super Micro Computer Inc (SMCI), where a total volume of 67,226 contracts has been traded thus far today, a contract volume which is representative of approximately 6.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 115.1% of SMCI's average daily trading volume over the past month, of 5.8 million shares..