Noteworthy Tuesday Option Activity: NXPI, CRM, ALGN
April 20, 2021 at 13:45 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in NXP Semiconductors NV (NXPI), where a total volume of 13,149 contracts has been traded thus far today, a contract volume which is representative of approximately 1.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46.6% of NXPI's average daily trading volume over the past month, of 2.8 million shares..