Notable Thursday Option Activity: UPS, SPCE, PAG
May 20, 2021 at 15:31 PM EDT
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 312,924 contracts has been traded thus far today, a contract volume which is representative of approximately 31.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 716.5% of UPS's average daily trading volume over the past month, of 4.4 million shares..