Noteworthy Thursday Option Activity: SYF, SPG, MGM
September 22, 2022 at 15:30 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Synchrony Financial (SYF), where a total volume of 21,352 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 48.2% of SYF's average daily trading volume over the past month, of 4.4 million shares..