Notable Tuesday Option Activity: PYPL, QCOM, LRCX
November 23, 2021 at 13:21 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in PayPal Holdings Inc (PYPL), where a total volume of 178,933 contracts has been traded thus far today, a contract volume which is representative of approximately 17.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 86.5% of PYPL's average daily trading volume over the past month, of 20.7 million shares..