Noteworthy Thursday Option Activity: STZ, PYPL, ALGN
December 24, 2020 at 13:20 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Constellation Brands Inc (STZ), where a total volume of 7,366 contracts has been traded thus far today, a contract volume which is representative of approximately 736,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 69.3% of STZ's average daily trading volume over the past month, of 1.1 million shares..