Noteworthy Friday Option Activity: GOOGL, KORS, PFG
October 28, 2016 at 13:31 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Alphabet Inc (GOOGL), where a total volume of 60,178 contracts has been traded thus far today, a contract volume which is representative of approximately 6.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 398.5% of GOOGL's average daily trading volume over the past month, of 1.5 million shares..