Noteworthy Friday Option Activity: FCX, NOW, AAL
November 04, 2022 at 14:08 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Freeport-McMoran Copper & Gold (FCX), where a total volume of 106,726 contracts has been traded thus far today, a contract volume which is representative of approximately 10.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 65.4% of FCX's average daily trading volume over the past month, of 16.3 million shares..