Noteworthy Monday Option Activity: PXD, NOC, EBAY
August 16, 2021 at 13:42 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Pioneer Natural Resources Co (PXD), where a total volume of 23,669 contracts has been traded thus far today, a contract volume which is representative of approximately 2.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 118.3% of PXD's average daily trading volume over the past month, of 2.0 million shares..