Noteworthy Friday Option Activity: GOOG, MCD, AGN
August 26, 2016 at 14:55 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Alphabet Inc (GOOG), where a total volume of 17,534 contracts has been traded thus far today, a contract volume which is representative of approximately 1.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 135.8% of GOOG's average daily trading volume over the past month, of 1.3 million shares..