Noteworthy Wednesday Option Activity: GPS, AAPL, LVS
July 21, 2021 at 13:52 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in The Gap Inc (GPS), where a total volume of 56,289 contracts has been traded thus far today, a contract volume which is representative of approximately 5.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 99.6% of GPS's average daily trading volume over the past month, of 5.7 million shares..