Notable Tuesday Option Activity: PEP, MU, TGT
September 29, 2020 at 13:21 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in PepsiCo Inc (PEP), where a total volume of 46,841 contracts has been traded thus far today, a contract volume which is representative of approximately 4.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 96.8% of PEP's average daily trading volume over the past month, of 4.8 million shares..