Noteworthy Tuesday Option Activity: ARNC, YUM, KMX
October 09, 2018 at 13:16 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Arconic Inc (ARNC), where a total volume of 20,597 contracts has been traded thus far today, a contract volume which is representative of approximately 2.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 66.5% of ARNC's average daily trading volume over the past month, of 3.1 million shares..