Noteworthy Wednesday Option Activity: HLT, CMCSA, GM
March 10, 2021 at 14:16 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Hilton Worldwide Holdings Inc (HLT), where a total volume of 21,924 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 69.6% of HLT's average daily trading volume over the past month, of 3.2 million shares..