Notable Wednesday Option Activity: AMD, LMT, IBM
May 27, 2020 at 13:24 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Advanced Micro Devices Inc (AMD), where a total volume of 348,490 contracts has been traded thus far today, a contract volume which is representative of approximately 34.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 56.7% of AMD's average daily trading volume over the past month, of 61.4 million shares..
