Noteworthy Tuesday Option Activity: IBM, AMGN, TJX
October 12, 2021 at 15:59 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in International Business Machines Corp (IBM), where a total volume of 21,297 contracts has been traded thus far today, a contract volume which is representative of approximately 2.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.3% of IBM's average daily trading volume over the past month, of 4.4 million shares..