Notable Wednesday Option Activity: BBY, GM, PAYC
September 08, 2021 at 13:23 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Best Buy Inc (BBY), where a total volume of 11,969 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.6% of BBY's average daily trading volume over the past month, of 2.7 million shares..