Notable Friday Option Activity: YUM, SPG, MGM
April 16, 2021 at 13:37 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Yum! Brands Inc (YUM), where a total volume of 7,682 contracts has been traded thus far today, a contract volume which is representative of approximately 768,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.1% of YUM's average daily trading volume over the past month, of 1.5 million shares..