Notable Thursday Option Activity: ORCL, NRG, BIIB
September 15, 2016 at 14:32 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Oracle Corp (ORCL), where a total volume of 63,781 contracts has been traded thus far today, a contract volume which is representative of approximately 6.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 60.8% of ORCL's average daily trading volume over the past month, of 10.5 million shares..