Notable Friday Option Activity: MRK, URI, UTX
December 09, 2016 at 14:20 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Merck & Co Inc (MRK), where a total volume of 42,511 contracts has been traded thus far today, a contract volume which is representative of approximately 4.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43% of MRK's average daily trading volume over the past month, of 9.9 million shares..