Noteworthy Wednesday Option Activity: FDX, HD, UAL
December 08, 2021 at 13:22 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in FedEx Corp (FDX), where a total volume of 10,853 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53.6% of FDX's average daily trading volume over the past month, of 2.0 million shares..