Notable Wednesday Option Activity: QCOM, WYNN, ABBV
July 14, 2021 at 14:57 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Qualcomm Inc (QCOM), where a total volume of 83,071 contracts has been traded thus far today, a contract volume which is representative of approximately 8.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 120.2% of QCOM's average daily trading volume over the past month, of 6.9 million shares..