Noteworthy Thursday Option Activity: PENN, TSLA, AMD
August 05, 2021 at 14:20 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Penn National Gaming Inc (PENN), where a total volume of 112,995 contracts has been traded thus far today, a contract volume which is representative of approximately 11.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 322.2% of PENN's average daily trading volume over the past month, of 3.5 million shares..