Noteworthy Thursday Option Activity: GILD, ADI, IBM
March 04, 2021 at 14:12 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Gilead Sciences Inc (GILD), where a total volume of 62,848 contracts has been traded thus far today, a contract volume which is representative of approximately 6.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 81.8% of GILD's average daily trading volume over the past month, of 7.7 million shares..