Notable Monday Option Activity: MSFT, RIG, URBN
November 16, 2015 at 14:48 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Microsoft Corporation (MSFT), where a total volume of 810,374 contracts has been traded thus far today, a contract volume which is representative of approximately 81.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 184% of MSFT's average daily trading volume over the past month, of 44.1 million shares..