Notable Tuesday Option Activity: NVDA, UPS, AAP
October 06, 2020 at 13:47 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in NVIDIA Corp (NVDA), where a total volume of 250,844 contracts has been traded thus far today, a contract volume which is representative of approximately 25.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 147.4% of NVDA's average daily trading volume over the past month, of 17.0 million shares..