Noteworthy Wednesday Option Activity: NVDA, ACN, RL
January 13, 2021 at 13:21 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in NVIDIA Corp (NVDA), where a total volume of 73,102 contracts has been traded thus far today, a contract volume which is representative of approximately 7.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 99.9% of NVDA's average daily trading volume over the past month, of 7.3 million shares..