Noteworthy Thursday Option Activity: PPG, WBA, PGR
January 07, 2021 at 13:43 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in PPG Industries Inc (PPG), where a total volume of 15,616 contracts has been traded thus far today, a contract volume which is representative of approximately 1.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 138.4% of PPG's average daily trading volume over the past month, of 1.1 million shares..