Noteworthy Monday Option Activity: LUV, DE, INTC
July 19, 2021 at 13:22 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Southwest Airlines Co (LUV), where a total volume of 37,555 contracts has been traded thus far today, a contract volume which is representative of approximately 3.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51.6% of LUV's average daily trading volume over the past month, of 7.3 million shares..