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Barchart
Barchart
Will Ashworth

Simon Property Group Gets Unusually Active: Time to Buy the Mall Owner?

Simon Property Group David Simon United States SPG

Simon Property Group (SPG) had no less than six call options exhibiting unusual options activity in Wednesday trading. And I’m not talking about a little unusual activity. 

The six call options had volume-to-open interest ratios yesterday between 13.31x and 20.76x. Five of the six were in Barchart’s top 10 with an average volume of 11,146. The real estate investment trust’s 30-day average volume is 5,177. On Wednesday, it was 14.2x higher than usual.  

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