Noteworthy Friday Option Activity: FDX, OXY, CSCO
June 05, 2020 at 13:23 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 25,417 contracts has been traded thus far today, a contract volume which is representative of approximately 2.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 97.5% of FDX's average daily trading volume over the past month, of 2.6 million shares..