Notable Friday Option Activity: ADI, DAL, JNJ
January 07, 2022 at 13:23 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Analog Devices Inc (ADI), where a total volume of 28,524 contracts has been traded thus far today, a contract volume which is representative of approximately 2.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 88.7% of ADI's average daily trading volume over the past month, of 3.2 million shares..