Noteworthy Thursday Option Activity: LRCX, WFC, GRMN
January 14, 2021 at 13:28 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Lam Research Corp (LRCX), where a total volume of 10,640 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 80.4% of LRCX's average daily trading volume over the past month, of 1.3 million shares..