Notable Wednesday Option Activity: NOW, CVS, GIS
January 08, 2020 at 13:28 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in ServiceNow Inc (NOW), where a total volume of 7,974 contracts has been traded thus far today, a contract volume which is representative of approximately 797,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53.4% of NOW's average daily trading volume over the past month, of 1.5 million shares..