Noteworthy Wednesday Option Activity: M, HON, CTAS
September 26, 2018 at 13:21 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Macy's Inc (M), where a total volume of 90,560 contracts has been traded thus far today, a contract volume which is representative of approximately 9.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 145.4% of M's average daily trading volume over the past month, of 6.2 million shares..