Noteworthy Thursday Option Activity: SLB, MCD, NEE
October 19, 2017 at 13:25 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Schlumberger Ltd (SLB), where a total volume of 31,266 contracts has been traded thus far today, a contract volume which is representative of approximately 3.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53.1% of SLB's average daily trading volume over the past month, of 5.9 million shares..