Notable Friday Option Activity: GOOGL, AMAT, AXP
May 10, 2024 at 14:20 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 159,407 contracts has been traded thus far today, a contract volume which is representative of approximately 15.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53.5% of GOOGL's average daily trading volume over the past month, of 29.8 million shares..