Notable Monday Option Activity: BAC, NKE, TPR
August 09, 2021 at 13:28 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Bank of America Corp (BAC), where a total volume of 253,773 contracts has been traded thus far today, a contract volume which is representative of approximately 25.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.8% of BAC's average daily trading volume over the past month, of 52.0 million shares..