Notable Tuesday Option Activity: AMD, FDX, ADBE
April 07, 2020 at 13:17 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Advanced Micro Devices Inc (AMD), where a total volume of 424,724 contracts has been traded thus far today, a contract volume which is representative of approximately 42.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.5% of AMD's average daily trading volume over the past month, of 89.3 million shares..