Notable Thursday Option Activity: IPGP, ARNC, AIG
February 13, 2020 at 13:55 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in IPG Photonics Corp (IPGP), where a total volume of 2,597 contracts has been traded thus far today, a contract volume which is representative of approximately 259,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 63.7% of IPGP's average daily trading volume over the past month, of 407,920 shares..