Notable Wednesday Option Activity: MMM, C, SBGI
May 25, 2016 at 15:46 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in 3M Co (MMM), where a total volume of 8,349 contracts has been traded thus far today, a contract volume which is representative of approximately 834,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46.9% of MMM's average daily trading volume over the past month, of 1.8 million shares..