Notable Tuesday Option Activity: YUM, TMUS, ISRG
May 04, 2021 at 13:40 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 10,668 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 78.5% of YUM's average daily trading volume over the past month, of 1.4 million shares..