Notable Wednesday Option Activity: GOOGL, CMG, BKNG
August 26, 2020 at 13:23 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Alphabet Inc (GOOGL), where a total volume of 31,064 contracts has been traded thus far today, a contract volume which is representative of approximately 3.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 196.5% of GOOGL's average daily trading volume over the past month, of 1.6 million shares..