Noteworthy Wednesday Option Activity: GOOG, GPS, UPS
October 21, 2020 at 13:34 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Alphabet Inc (GOOG), where a total volume of 23,350 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 147.1% of GOOG's average daily trading volume over the past month, of 1.6 million shares..