Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Red Hat Inc (NYSE: RHT), where a total volume of 8,614 contracts has been traded thus far today, a contract volume which is representative of approximately 861,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 75.6% of RHT's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was...
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Red Hat Inc (NYSE: RHT), where a total volume of 8,614 contracts has been traded thus far today, a contract volume which is representative of approximately 861,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 75.6% of RHT's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was...
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