Noteworthy Wednesday Option Activity: NVDA, MCD, SLB
November 22, 2017 at 14:28 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in NVIDIA Corp (NVDA), where a total volume of 59,714 contracts has been traded thus far today, a contract volume which is representative of approximately 6.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.3% of NVDA's average daily trading volume over the past month, of 13.5 million shares..