Noteworthy Monday Option Activity: FDX, BA, MSFT
August 24, 2020 at 13:17 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in FedEx Corp (FDX), where a total volume of 26,989 contracts has been traded thus far today, a contract volume which is representative of approximately 2.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 74.5% of FDX's average daily trading volume over the past month, of 3.6 million shares..