Notable Thursday Option Activity: UPS, ETSY, MRK
September 22, 2022 at 15:00 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in United Parcel Service Inc (UPS), where a total volume of 50,859 contracts has been traded thus far today, a contract volume which is representative of approximately 5.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 165.2% of UPS's average daily trading volume over the past month, of 3.1 million shares..