Noteworthy Thursday Option Activity: MMM, TPR, BLK
August 15, 2019 at 13:17 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in 3M Co (MMM), where a total volume of 15,429 contracts has been traded thus far today, a contract volume which is representative of approximately 1.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.6% of MMM's average daily trading volume over the past month, of 3.1 million shares..