Notable Thursday Option Activity: AAP, QRVO, HES
May 16, 2019 at 13:27 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Advance Auto Parts Inc (AAP), where a total volume of 4,504 contracts has been traded thus far today, a contract volume which is representative of approximately 450,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.6% of AAP's average daily trading volume over the past month, of 946,380 shares..