Notable Wednesday Option Activity: FCX, NTAP, SLB
August 15, 2018 at 14:13 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Freeport-McMoran Copper & Gold (FCX), where a total volume of 119,432 contracts has been traded thus far today, a contract volume which is representative of approximately 11.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 65.8% of FCX's average daily trading volume over the past month, of 18.2 million shares..