Notable Tuesday Option Activity: ADI, AVGO, MRK
November 10, 2020 at 14:02 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Analog Devices Inc (ADI), where a total volume of 12,748 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 44.6% of ADI's average daily trading volume over the past month, of 2.9 million shares..