Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Diamond Offshore Drilling, Inc. (NYSE: DO), where a total volume of 22,269 contracts has been traded thus far today, a contract volume which is representative of approximately 2.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 106.6% of DO's average daily trading volume over the past month, of 2.1 million shares. Part...
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Diamond Offshore Drilling, Inc. (NYSE: DO), where a total volume of 22,269 contracts has been traded thus far today, a contract volume which is representative of approximately 2.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 106.6% of DO's average daily trading volume over the past month, of 2.1 million shares. Part...
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