Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Cummins, Inc. (NYSE: CMI), where a total volume of 5,400 contracts has been traded thus far today, a contract volume which is representative of approximately 540,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.8% of CMI's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume w...
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Cummins, Inc. (NYSE: CMI), where a total volume of 5,400 contracts has been traded thus far today, a contract volume which is representative of approximately 540,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.8% of CMI's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume w...
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