Notable Friday Option Activity: M, BAS, URBN
November 17, 2017 at 15:24 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Macy's Inc (M), where a total volume of 92,054 contracts has been traded thus far today, a contract volume which is representative of approximately 9.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51.6% of M's average daily trading volume over the past month, of 17.8 million shares..