Noteworthy Wednesday Option Activity: HWM, EBAY, NTAP
April 14, 2021 at 13:43 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Howmet Aerospace Inc (HWM), where a total volume of 17,185 contracts has been traded thus far today, a contract volume which is representative of approximately 1.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 55.8% of HWM's average daily trading volume over the past month, of 3.1 million shares..