Notable Tuesday Option Activity: AVGO, LRCX, PYPL
March 19, 2024 at 13:19 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Broadcom Inc (AVGO), where a total volume of 22,744 contracts has been traded thus far today, a contract volume which is representative of approximately 2.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 61.7% of AVGO's average daily trading volume over the past month, of 3.7 million shares..