Noteworthy Monday Option Activity: AVGO, WM, CMA
May 20, 2024 at 13:36 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Broadcom Inc (AVGO), where a total volume of 17,709 contracts has been traded thus far today, a contract volume which is representative of approximately 1.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 82.2% of AVGO's average daily trading volume over the past month, of 2.2 million shares..