Notable Thursday Option Activity: MGM, BX, PFE
July 11, 2024 at 13:20 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in MGM Resorts International (MGM), where a total volume of 22,441 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 63.8% of MGM's average daily trading volume over the past month, of 3.5 million shares..