Noteworthy Thursday Option Activity: ANET, MGM, CVS
June 27, 2024 at 13:33 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Arista Networks Inc (ANET), where a total volume of 13,503 contracts has been traded thus far today, a contract volume which is representative of approximately 1.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 56.1% of ANET's average daily trading volume over the past month, of 2.4 million shares..