Notable Thursday Option Activity: BBY, GE, NKE
May 27, 2021 at 14:20 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Best Buy Inc (BBY), where a total volume of 41,081 contracts has been traded thus far today, a contract volume which is representative of approximately 4.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 206% of BBY's average daily trading volume over the past month, of 2.0 million shares..