Notable Wednesday Option Activity: JNJ, C, BIIB
May 24, 2017 at 14:22 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Johnson & Johnson (JNJ), where a total volume of 22,555 contracts has been traded thus far today, a contract volume which is representative of approximately 2.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.9% of JNJ's average daily trading volume over the past month, of 5.0 million shares..